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 20 of 22

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Q191.
The type of rewards employees get in the form of monetary or non-monetary benefits are classified as
Discuss
Answer: (a).extrinsic rewards
Q192.
The compensation philosophy according to which compensations are not paid according to span of service, but considering performance level is called
Discuss
Answer: (a).performance orientation philosophy
Q193.
The perceived fairness that must be considered in outcomes of performance is classified as
Discuss
Answer: (b).distributive justice
Q194.
The payments made to employees without taking hours for which they worked into consideration are called
Discuss
Answer: (d).salaries
Q195.
If the mid-point is 20 and the current pay of an employee is $25 then the compa ratio is
Discuss
Answer: (c).125
Q196.
The benefits offered in traditional compensation approach are usually
Discuss
Answer: (a).fixed and tied to tenure
Q197.
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
Q198.
The most common and usual form of direct compensation paid in organizations is
Discuss
Answer: (b).base and variable pay
Q199.
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
Q200.
According to compensation programs, the benefits such as retirement pensions and life insurances are classified in the category of
Discuss
Answer: (c).indirect compensation