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 21 of 22

Q201.
The payment which is made to employee for only one time and is not part of the base pay is classified as
Discuss
Answer: (c).bonuses
Q202.
The safety awards, attendance bonuses, sales commission and piece rate are classified as techniques of
Discuss
Answer: (a).individual pay plans
Q203.
The subgroup made of all the directors who are not working officers of the firm is called
Discuss
Answer: (b).compensation committee
Q204.
The components of compensation for compensation includes
Discuss
Answer: (d).all of the above
Q205.
The work team results and gain sharing are techniques to incentive the
Discuss
Answer: (a).individual
Q206.
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
Q207.
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
Q208.
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
Q209.
The special perk available for executives to provide the security against the loss of job while takeover of companies is classified as
Discuss
Answer: (a).golden parachute
Q210.
If the standard amount is 200 units with piece rate $5 and the units produced are 250 with each extra unit paid for $6 then the total amount paid is
Discuss
Answer: (a).$1,300