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MCQs

Total Questions : 211 | Page 18 of 22 pages
Question 171. The systematic way of determining the worth of all the jobs within any organization is called
  1.    compensable evaluation
  2.    job evaluation
  3.    benchmark job
  4.    job promotion structure
 Discuss Question
Answer: Option B. -> job evaluation
Answer: (b).job evaluation
Question 172. The concept in which the pay for the jobs that require similar skills, abilities and knowledge without taking duties into consideration is called
  1.    pay equity
  2.    pay exemption
  3.    pay primacy
  4.    distributive pay
 Discuss Question
Answer: Option A. -> pay equity
Answer: (a).pay equity
Question 173. The compensation given with the base pay linked to individual team or organizational performance is classified as
  1.    variable pay
  2.    salaries
  3.    base pay
  4.    wages
 Discuss Question
Answer: Option A. -> variable pay
Answer: (a).variable pay
Question 174. According to traditional compensation approach, the perks and bonuses are
  1.    for CEO only
  2.    for all employees
  3.    for executive only
  4.    not for executives
 Discuss Question
Answer: Option C. -> for executive only
Answer: (c).for executive only
Question 175. The payments made to employees for the amount of time in which the employee has worked are classified as
  1.    variable pay
  2.    salaries
  3.    base pay
  4.    wages
 Discuss Question
Answer: Option D. -> wages
Answer: (d).wages
Question 176. In an organization, the base pay is classified as being part of
  1.    direct compensation
  2.    primacy compensation
  3.    indirect compensation
  4.    recency compensation
 Discuss Question
Answer: Option A. -> direct compensation
Answer: (a).direct compensation
Question 177. The perceived fairness of all the procedures and process that are considered to make decisions about employees and their pay is called
  1.    primacy justice
  2.    recency justice
  3.    procedural justice
  4.    distributive justice
 Discuss Question
Answer: Option C. -> procedural justice
Answer: (c).procedural justice
Question 178. 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
  1.    distributive state laws
  2.    procedural state laws
  3.    garnishment laws
  4.    state laws
 Discuss Question
Answer: Option C. -> garnishment laws
Answer: (c).garnishment laws
Question 179. The multiple plans specifying business unit and family while giving compensation are considered in approach called
  1.    recency compensation approach
  2.    traditional compensation approach
  3.    total rewards approach
  4.    primacy compensation approach
 Discuss Question
Answer: Option B. -> traditional compensation approach
Answer: (b).traditional compensation approach
Question 180. The compensation quartile strategy in which 50% of employers pays below than market and remaining pays compensations higher than market is called
  1.    second quartile strategy
  2.    first quartile strategy
  3.    forth quartile strategy
  4.    third quartile strategy
 Discuss Question
Answer: Option A. -> second quartile strategy
Answer: (a).second quartile strategy

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