Ladder

Quiz
•
Business
•
University
•
Easy
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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