Basic Factors in Determining Pay Rates Multiple Choice Questions (MCQ) PDF Download

MCQ 1: Communications and employs' participation is the part of

1. company's plan
2. strategic plan
3. vision
4. mission

MCQ 2: Anchoring jobs and slotting the other jobs accordingly is called

1. benchmarking jobs
2. evaluating pay scales
3. evaluating pay grades
4. evaluating internal equity

MCQ 3: The data of benefits like employees insurance and other fringe benefits can be collected through

1. benchmark surveys
2. salary surveys
3. primary survey
4. secondary survey

MCQ 4: Each unit made by a worker to be paid is considered as

1. time based pay
2. performance based pay
3. promotion
4. salary increments

MCQ 5: The concession, employees gets in form of discounts in air ticket and bus fares is an example of

1. incentives
2. non direct payments
3. direct payments
4. salary increments