MBA Human Resource Management MCQs – Practice Test 8 (Chapter 1)
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The "Compensation Strategies and Practices Notes" App Download: Jobs in organization that require similar knowledge, abilities and skills and are performed by individuals having similar duties are classified as; MCQ with answers: job promotion structure, benchmark job, compensable evaluation, and job evaluation. Practice Scanning External Environment Quiz Questions, download Kobo e-Book (Free Chapter) for employee relations management.
MCQ 36: The compensation quartile strategy in which 50% of employers pays below than market and remaining pays compensations higher than market is called:
MCQ 37: The jobs in organization that require similar knowledge, abilities and skills and are performed by individuals having similar duties are classified as:
MCQ 38: The employees to whom the overtime is not paid under the restriction of Fair Labor Standards Act are called:
MCQ 39: The type of rewards employees get in the form of monetary or non-monetary benefits are classified as:
MCQ 40: The compensation philosophy according to which compensations are not paid according to span of service, but considering performance level is called:
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