MBA Human Resource Management MCQs - Chapter 1

Compensation Strategies and Practices Multiple Choice Questions (MCQs) PDF Download - 1

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The 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 trivia questions and answers PDF for master's degree in business administration. The Compensation Strategies and Practices MCQs App Download: Free learning app for pay increase issues, pay systems legal constraints, pay fairness perceptions career test to learn management certificate courses.

The Multiple Choice Question (MCQ): The 'compensation quartile strategy' in which 75% of employers pay below than market and remaining 25% pay compensations higher than market is called; "Compensation Strategies and Practices" App Download (Free) with answers: Third quartile strategy; Forth quartile strategy; Second quartile strategy; First quartile strategy; for master's degree in business administration. Solve Employee Selection Procedures Quiz Questions, download Google eBook (Free Sample) for executive MBA.

Compensation Strategies & Practices MCQ with Answers PDF Download: Quiz 1

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

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

MCQ 2:

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

consumer price index adjustment
lump sum increase
cost of living adjustment
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

overtime pay status
exempt status
non-exempt status
distributive status

MCQ 4:

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

procedural justice
distributive justice
recency justice
equity

MCQ 5:

The key issues related to internal equity are

distributive justice
procedural justice
primacy justice
both A and B

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