Compensation Management

Compensation Management

University

25 Qs

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Compensation Management

Compensation Management

Assessment

Quiz

Business

University

Medium

Created by

Jayasree M

Used 30+ times

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Wage differentials depend on the following factor / factors 

Difference in labour efficiency

Social esteem

Occupation

All

None

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Base/Bases for traditional pay system is/are    -------------------------------------------

Cost of living and labour market

Base wage or salary

Both of these

None

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Basic compensation system/systems is /are --------------------------------------------

Time rate system

Piece rate system

Both of these

None

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Components of wage & salary are      

Basic wage

Overtime wage

Dearness allowance

All of these

None

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Base/Bases for Modern Pay System is/are ----------------------------------------

Base wage or salary

Variable pay

Both of these

None

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Employees are paid incentives on 'Output' basis if ------------------------

Units of output can be measured

Direct relationship exists between employee efforts and quantity of output

Jobs are standardised

All of these

None

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Job Analysis is used in compensation to identify or determine -------------------------

Skill levels

Responsibilities

Required level of education

All of these

None

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