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 5 of 22

Discover more Topics under Human Resource Management

Q41.
The notion that woman and men should collect equal pay for comparable skills, considered as
Discuss
Answer: (a).comparable worth
Q42.
The 'compensation quartile strategy' in which 75% of employers pay below than market and remaining 25% pay compensations higher than market is called
Discuss
Answer: (b).third quartile strategy
Q43.
The concept in which the whole or part of yearly pay increase is paid as single payment, is called
Discuss
Answer: (d).all of the above
Q44.
The factors such as earnings level, discretionary authority and percentage of spent time in manual work are factors that must be held to define
Discuss
Answer: (c).non-exempt status
Q45.
The perceived fairness between what person receives and what person did is classified as
Discuss
Answer: (d).equity
Q46.
The key issues related to internal equity are
Discuss
Answer: (d).both a and b
Q47.
The health insurance of employees is included in
Discuss
Answer: (c).executive perks
Q48.
The second step in ranking method of job evaluation is to
Discuss
Answer: (d).grouping jobs
Q49.
An employer; not paying for the title of job and hired , regarded as
Discuss
Answer: (c).pay based on competency
Q50.
The traditional pay plan used in companies is mostly
Discuss
Answer: (b).job oriented