Pay Structures MCQs with Answers PDF Download – Test 54

MCQ 266: The procedure of using less and more broad pay grades than the traditional system of compensation is classified as:

1. salary banding
2. structure banding
3. broad banding
4. grade banding

MCQ 267: The representation of real time situation in the form of abstract is classified as:

1. staffing models
2. statistical models
3. production models
4. simulation models

MCQ 268: The exit interview time, the expenses of unemployment and legal fees of challenged separations are classified as:

1. training costs
2. hiring costs
3. separation costs
4. productivity costs

MCQ 269: The type of scale which considers the rating of performance of employees on continuum basis is classified as:

1. forced distribution
2. checklist scale
3. graphic rating scale
4. ranking

MCQ 270: The total expenses of healthcare benefits are added into number of employees to calculate:

1. total cost of benefits
2. healthcare cost per employee
3. total salaries paid
4. all of the above