Compensation Management – Multiple Choice Questions (MCQ) with Answers 1-Compensation can be _____ benefits. (Ans: c) 2-Wages represents _____ rates of pay. (Ans: a) 3-_______ are also called ‘payments by results’. (Ans: c) 4-Incentives depends upon (Ans: d) 5-The following is paid only at the time of employees exit after serving more than five years
(Ans: c) 6-The following is a perquisites.
(Ans: a) 7-‘A behaviour which has rewarding experience is likely to be repeated’ is postulated by
(Ans: a) 8-‘A fair day work for fair day pay’ denotes a sense of _______ felt by employees.
(Ans: b) 9-The remuneration system needs to meet the following type(s) of equity
(Ans: d) 10-Which of the following factor influence(s) employee compensation?
(Ans: d) 11-Match the following
The correct answer is
(Ans: c) 12-Any compensation plan must be
(Ans: a) 13-The following is not a part of remuneration model
(Ans: d) 14-Elitist remuneration systems are prevalent among
(Ans: d) 15-In organized industrial establishments pay review takes place once in ____ years.
(Ans: a) 16-Equal remuneration Act 1976, prohibits discrimination in matters relating to remuneration on the basis of
(Ans: d) 17-The following is not a concept of wage
(Ans: a) 18-_______ can be fixed by comparison with an accepted standard wage
(Ans: b) 19-A ______ must be fixed considering the general economic conditions of the country.
(Ans: c) 20-In India, _____ wage is determined mainly for sweated industries
(Ans: a) What compensation are given at a regular interval at a definite time?special allowances, 7. bonus, 8. Pf/Gratuity, etc. They are given at a regular interval at a definite time.
What are the 3 types of compensation?The total compensation offered to an employee may be broken down into direct, indirect and intangible compensation.
What are the types of compensate?There are two types of compensation: Direct compensation (financial) Indirect compensation (combination of financial and non-financial)
What is a direct compensation?Direct compensation is the monetary payment given to employees for time worked or achievements, such as: Base salary. Wages. Bonuses. Commission.
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