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 work team results and gain sharing are techniques to incentive the
Discuss
Answer: (a).individual
Q152.
The plan in which the employees get some ownership in organization for which they are working is classified as
Discuss
Answer: (b).employee stock ownership plan
Q153.
The collection of data consisting compensation rates of all the workers, who perform similar jobs in other organizations are classified as
Discuss
Answer: (b).pay survey
Q154.
The basic compensations given to employees as salaries or wages are called
Discuss
Answer: (a).base pay
Q155.
According to total rewards approach, the variable pay of the employee is
Discuss
Answer: (a).added into base pay
Q156.
The systematic way of determining the worth of all the jobs within any organization is called
Discuss
Answer: (b).job evaluation
Q157.
The employee who is paid more than the specified range for the job is classified as
Discuss
Answer: (b).red circled employee
Q158.
Considering the non-exempt status of employees, the employees to whom overtime must be paid according to FLS act are classified as
Discuss
Answer: (b).salaried non-exempt
Q159.
In piece rate system, the method in which the same amount is paid for standard output and higher amount is paid for more units is classified as
Discuss
Answer: (b).differential piece rate system
Q160.
The technique of giving incentive to employees in which the productivity more than expected is shared with the employees is classified as
Discuss
Answer: (d).gain sharing