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MBA Human Resource Management MCQs – Practice Test 1 (Chapter 1)

Compensation Strategies and Practices MCQs with Answers PDF Download – Test 1

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Study Compensation Strategies and Practices Multiple Choice Questions (MCQs) with Answers PDF (Compensation Strategies and Practices MCQs PDF e-Book) download Ch. 1-1 to study MBA Human Resource Management Course. Practice Compensation System Design MCQs, Compensation Strategies and Practices Notes questions and answers PDF for digital leadership course delivery. Free Compensation Strategies and Practices MCQs App Download: MBA Human Resource Management Learning App to study pay increase issues, pay systems legal constraints, pay fairness perceptions career test for HR strategy development.

Free "Compensation Strategies and Practices MCQs" App Download with MCQ: 'compensation quartile strategy' in which 75% of employers pay below than market and remaining 25% pay compensations higher than market is called; with answers: third quartile strategy, forth quartile strategy, second quartile strategy, and first quartile strategy for HR strategy development. Solve Employee Selection Procedures Quiz Questions, download Google e-Book (Free Chapter) to enhance leadership confidence.

Compensation Strategies & Practices MCQs – Practice Test 1 PDF Download

MCQ 1: The 'compensation quartile strategy' in which 75% of employers pay below than market and remaining 25% pay compensations higher than market is called:

  1. forth quartile strategy
  2. third quartile strategy
  3. second quartile strategy
  4. first quartile strategy

MCQ 2: The concept in which the whole or part of yearly pay increase is paid as single payment, is called:

  1. consumer price index adjustment
  2. lump sum increase
  3. cost of living adjustment
  4. all of the above

MCQ 3: The factors such as earnings level, discretionary authority and percentage of spent time in manual work are factors that must be held to define:

  1. overtime pay status
  2. exempt status
  3. non-exempt status
  4. distributive status

MCQ 4: The perceived fairness between what person receives and what person did is classified as:

  1. procedural justice
  2. distributive justice
  3. recency justice
  4. equity

MCQ 5: The key issues related to internal equity are:

  1. distributive justice
  2. procedural justice
  3. primacy justice
  4. both A and B

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