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 6 of 22

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Q51.
The curve which is used to represent relationship between pay rate and experience is classified as
Discuss
Answer: (b).maturity curve
Q52.
The procedure of using less and more broad pay grades than the traditional system of compensation is classified as
Discuss
Answer: (c).broad banding
Q53.
The compensation philosophy according to which the organization increase the salary of employees every year is called
Discuss
Answer: (b).entitlement orientation philosophy
Q54.
The employee who is paid less than the specified range for the job is classified as
Discuss
Answer: (c).green circled employee
Q55.
The compensation quartile strategy in which employer of organization pays below than market compensations is called
Discuss
Answer: (d).first quartile strategy
Q56.
The perceived fairness of all the procedures and process that are considered to make decisions about employees and their pay is called
Discuss
Answer: (c).procedural justice
Q57.
The situation occur when creditor wants employer to pays off the debt by deducting portion of amount from wages of employees as ordered by law court is called
Discuss
Answer: (c).garnishment laws
Q58.
The multiple plans specifying business unit and family while giving compensation are considered in approach called
Discuss
Answer: (b).traditional compensation approach
Q59.
The compensation quartile strategy in which 50% of employers pays below than market and remaining pays compensations higher than market is called
Discuss
Answer: (a).second quartile strategy
Q60.
The jobs in organization that require similar knowledge, abilities and skills and are performed by individuals having similar duties are classified as
Discuss
Answer: (a).benchmark job