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Compensation Management

Authored by Shashi Sawhney

Other

University

Used 63+ times

Compensation Management
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15 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

This compensation model uses incentives to promote performance.

Membership-Based
Performance-Based
Effort-Based
Seniority-Based

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Seniority and Effort are two variables affecting compensation.

True
False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you, as a supervisor, don't believe the validity of a claim, you have every right to challenge that claim.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An occupational disease occurs with repeated stress or strain to a part of the body.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Payment received by the employee because success in achieving the organization target is called __________.

salary

wages

incentive

benefits

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Below are the objectives of remuneration systems EXCEPT:

Identify training needs for specific employees

Attract employees to work in the organization

Retain efficient employees

Establish a simple system that is easy to administer

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Wages that paid for a set period of work on an hourly, weekly or monthly basis is called piece related system.

TRUE

FALSE

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