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 3 of 22

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Q21.
One time paid payment at the time of termination of employees is classified as
Discuss
Answer: (d).severance pay
Q22.
The benefits given to the victims who have work-related accidents are called
Discuss
Answer: (c).workers compensation
Discuss
Answer: (d).all of above
Q24.
The kind of pension plan which follows a formula to determine retirement benefits is classified as
Discuss
Answer: (a).defined benefit pension plan
Q25.
Communications and employs' participation is the part of
Discuss
Answer: (a).company's plan
Q26.
Anchoring jobs and slotting the other jobs accordingly is called
Discuss
Answer: (a).benchmarking jobs
Q27.
A 'quantitative technique' in job evaluation processes is
Discuss
Answer: (d).point method
Discuss
Answer: (a).wide range of jobs
Q29.
The data of benefits like employees insurance and other fringe benefits can be collected through
Discuss
Answer: (b).salary surveys
Q30.
In surveying the market, a way to know what others are paying, known as
Discuss
Answer: (a).salary survey