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Compensation and Benefits Midterm Examination

Authored by Che Nillo

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University

Used 10+ times

Compensation and Benefits Midterm Examination
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80 questions

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1.

FILL IN THE BLANK QUESTION

10 sec • 1 pt

•Packaged set of policies, methods and procedures that guides professionals and line managers in the implementation of compensation strategy

2.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

What are the determination of pay rates?

Job Analysis

Type of business

Pay grade

Geographic location

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

What are the objectives of compensation management?

Employee Retention

Change the business

Dismiss an employee

Attract talent

4.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

It's the process of managing the compensation & benefits for every corresponding job role.

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Importance of Compensation Management

It determines which employee and job position gets what kind of remuneration, perks, benefits etc

It reward employees for their work and keep them motivated & satisfied

To expand the business

To earn more money from the clients

6.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Objective of Compensation and Benefits Management/Administration

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

How is performance measured?

Analyze the role

Quality of work

Speed and efficiency

Trust and consistency

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