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 2 of 22

Q11.
The pay for time not worked, sick leave, supplemental benefits and severance pay are the types of benefits called
Discuss
Answer: (a).supplemental pay benefits
Q12.
The process of arming the employees of organization with technology tools, to get the jobs done is called
Discuss
Answer: (a).workplace flexibility
Q13.
The medical organization, consisting of surgeons and specialists that provides routine medical services to employees in exchange of paying nominal fee is called
Discuss
Answer: (b).health maintenance organization
Q14.
The process of instituting policies to enable employees to get their accumulated pension plans with ease after leaving the organization is classified as
Discuss
Answer: (c).portability
Q15.
The method according to which two or more people share a full time single job, classified as
Discuss
Answer: (d).job sharing
Q16.
The benefit provided to an individual who is unable to work, due to his or her own faults, regarded as
Discuss
Answer: (b).unemployment insurance
Q17.
The types in which the benefits are classified are
Discuss
Answer: (d).all of above
Q18.
A tax deductible bonus plan according to which employers contribute to a trust for later use for employees is classified as
Discuss
Answer: (b).employee stock ownership plan
Q19.
The benefits provided in certain industries by the employers in unexpected conditions are classified as
Discuss
Answer: (a).supplemental unemployment benefits
Q20.
The workers compensation, disability insurance, health and hospitalization costs are all types of
Discuss
Answer: (c).insurance benefits
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