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Compensation System Design MCQ with Answers PDF

Compensation System Design Multiple Choice Questions (MCQ), Compensation System Design quiz answers PDF with human resource management system career tests for online courses. Practice compensation strategies and practices Multiple Choice Questions and Answers (MCQs), Compensation System Design quiz questions for best MBA programs. Compensation System Design Interview Questions PDF: compensation system design, employee compensation, base pay system development test prep for master's degree in business administration.

"The 'compensation quartile strategy' in which 75% of employers pay below than market and remaining 25% pay compensations higher than market is called" MCQ PDF on compensation system design with choices forth quartile strategy, third quartile strategy, second quartile strategy, and first quartile strategy for best MBA programs. Practice compensation system design quiz questions for merit scholarship test and certificate programs for executive MBA.

MCQs on Compensation System Design Quiz

MCQ: The 'compensation quartile strategy' in which 75% of employers pay below than market and remaining 25% pay compensations higher than market is called

forth quartile strategy
third quartile strategy
second quartile strategy
first quartile strategy

MCQ: According to total rewards approach, the variable pay of the employee is

added into base pay
subtracted from base pay
multiplied to base pay
divided to base pay

MCQ: The outcomes of competency based system such as improved and higher employee satisfaction and commitment are classified as

quartile strategy based outcome
organization-related outcomes
employee-related outcomes
percentiles strategy outcomes

MCQ: According to traditional compensation approach, the perks and bonuses are

for CEO only
for all employees
for executive only
not for executives

MCQ: The compensation philosophy according to which the organization increase the salary of employees every year is called

primacy orientation philosophy
entitlement orientation philosophy
performance orientation philosophy
recency orientation philosophy