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 outcomes of competency based system such as improved and higher employee satisfaction and commitment are classified as
Discuss
Answer: (c).employee-related outcomes
Q52.
The situation in organization in which differences of individual pay with different level of performance becomes small is classified as
Discuss
Answer: (a).pay compression
Q53.
The factors that are common in group of jobs and are used to identify the value of job are called
Discuss
Answer: (c).compensable factors
Q54.
The tangible components of compensation programs usually designed by the organization consists of
Discuss
Answer: (d).both a and c
Q55.
The graph which shows the relationship between job value, which is determined rates of pay survey and job evaluation points is classified as
Discuss
Answer: (a).market line
Q56.
The position such as administrative, professionals and executive are classified as
Discuss
Answer: (a).exempt employees
Q57.
The group of all the jobs which have the same worth of job are classified as
Discuss
Answer: (d).pay grade
Q58.
The concept in which the pay for the jobs that require similar skills, abilities and knowledge without taking duties into consideration is called
Discuss
Answer: (a).pay equity
Q59.
The payments made to employees for the amount of time in which the employee has worked are classified as
Discuss
Answer: (d).wages
Q60.
The compensation given with the base pay linked to individual team or organizational performance is classified as
Discuss
Answer: (a).variable pay