Compensation Administration MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Compensation Administration, a fundamental topic in the field of Human Resource Management. Whether you're preparing for competitive exams, honing your problem-solving skills, or simply looking to enhance your abilities in this field, our Compensation Administration MCQs are designed to help you grasp the core concepts and excel in solving problems.

In this section, you'll find a wide range of Compensation Administration mcq questions that explore various aspects of Compensation Administration problems. Each MCQ is crafted to challenge your understanding of Compensation Administration principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace Human Resource Management tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our Compensation Administration MCQs are your pathway to success in mastering this essential Human Resource Management topic.

Note: Each of the following question comes with multiple answer choices. Select the most appropriate option and test your understanding of Compensation Administration. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

So, are you ready to put your Compensation Administration knowledge to the test? Let's get started with our carefully curated MCQs!

Compensation Administration MCQs | Page 16 of 22

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Q151.
The situation occur when creditor wants employer to pays off the debt by deducting portion of amount from wages of employees as ordered by law court is called
Discuss
Answer: (c).garnishment laws
Q152.
The multiple plans specifying business unit and family while giving compensation are considered in approach called
Discuss
Answer: (b).traditional compensation approach
Q153.
The compensation quartile strategy in which 50% of employers pays below than market and remaining pays compensations higher than market is called
Discuss
Answer: (a).second quartile strategy
Q154.
The jobs in organization that require similar knowledge, abilities and skills and are performed by individuals having similar duties are classified as
Discuss
Answer: (a).benchmark job
Q155.
The certain basic factors used for comparing jobs are called
Discuss
Answer: (a).compensable factors
Q156.
The 'commission' that salesmen earns is an example of
Discuss
Answer: (a).direct pay
Discuss
Answer: (a).selection of compensable factors
Q158.
An equity theory of motivation applies to employees who are often
Discuss
Answer: (a).under paid
Q159.
Calculating numerical rating and arranging each job according to skill is called
Discuss
Answer: (c).factor comparison method
Q160.
Comparison of fairness of job's pay rate to the other jobs in company is called
Discuss
Answer: (d).internal equity