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 19 of 22

Q181.
If the mid-point is 20 and the current pay of an employee is $25 then the compa ratio is
Discuss
Answer: (c).125
Q182.
The benefits offered in traditional compensation approach are usually
Discuss
Answer: (a).fixed and tied to tenure
Q183.
The outcomes of competency based pay system such as fewer bottlenecks, more workforce flexibility and increased effectiveness are classified as
Discuss
Answer: (b).organization-related outcomes
Q184.
The most common and usual form of direct compensation paid in organizations is
Discuss
Answer: (b).base and variable pay
Q185.
The type of rewards employees get in form of praise for successfully accomplishing goals or completing project is classified as
Discuss
Answer: (b).intrinsic rewards
Q186.
According to compensation programs, the benefits such as retirement pensions and life insurances are classified in the category of
Discuss
Answer: (c).indirect compensation
Q187.
The types of compensation the employees get from organization after timely completion of work includes
Discuss
Answer: (d).both a and b
Q188.
According to compensation programs designed for employee, the variable pay other than base pay is classified as part of
Discuss
Answer: (c).direct compensation
Q189.
According to compensation programs designed for employee, the variable pay other than base pay is classified as part ofThe employees to whom the overtime is must to be paid under the restriction of Fair Labor Standards Act are called
Discuss
Answer: (b).direct compensationnon-exempt employees
Q190.
In piece rate systems, the method in which number of units produced are multiplied by piece rate per unit, is classified as
Discuss
Answer: (c).straight piece rate system