Ladder

Ladder

University

50 Qs

quiz-placeholder

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Ladder

Ladder

Assessment

Quiz

Business

University

Easy

Created by

Sherif Osman

Used 1+ times

FREE Resource

50 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which is not the objective of Compensation?


To establish equity


To Improve Employee Efficiency

To Control Cost

To Comply with illegal Regulation

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of indirect pay?

pay for knowledge

profit-sharing

salaries

health & life insurance

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following base pay methods systematically ranks all jobs in the firm according to their value to that firm and then calibrates this system to the labour market?

job evaluation

competency-based

market pricing

skill-based

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which job is suitable for performance pay?
Select one:

Nurse

Heavy equipment salesperson

Teacher

Garbage collector

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Piece rate wages are set using

A- market pricing.

b- job evaluation.

c- pay for knowledge.

B and C

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following are important criteria when evaluating compensation strategies?

Affordability

Legality

Fit with managerial strategy

All of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Compensation can be __ benefits.

Monetary

Non - monetary


Both 1 & 2


None of the above

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