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 18 of 22

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Q171.
The safety awards, attendance bonuses, sales commission and piece rate are classified as techniques of
Discuss
Answer: (a).individual pay plans
Q172.
The subgroup made of all the directors who are not working officers of the firm is called
Discuss
Answer: (b).compensation committee
Q173.
The components of compensation for compensation includes
Discuss
Answer: (d).all of the above
Q174.
The work team results and gain sharing are techniques to incentive the
Discuss
Answer: (a).individual
Q175.
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
Q176.
The procedure of using less and more broad pay grades than the traditional system of compensation is classified as
Discuss
Answer: (c).broad banding
Q177.
The compensation philosophy according to which the organization increase the salary of employees every year is called
Discuss
Answer: (b).entitlement orientation philosophy
Q178.
The employee who is paid less than the specified range for the job is classified as
Discuss
Answer: (c).green circled employee
Q179.
The compensation quartile strategy in which employer of organization pays below than market compensations is called
Discuss
Answer: (d).first quartile strategy
Q180.
The perceived fairness of all the procedures and process that are considered to make decisions about employees and their pay is called
Discuss
Answer: (c).procedural justice