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HRM Mcqs

After ensuring external and internal equity, the next step in establishing pay rates is?

August 15, 2022September 25, 2021 by admin
After ensuring external and internal equity, the next step in establishing pay rates is?

A. group similar jobs
B. price each pay grade
C. fine tune pay rates
D. determining the worth of each job

Categories Establishing Strategic Pay Plans, HRM Mcqs

The work experience and field of study are included in?

August 15, 2022September 25, 2021 by admin
The work experience and field of study are included in?

A. working capital
B. human capital
C. compensation capital
D. size of working capital

Categories Establishing Strategic Pay Plans, HRM Mcqs

The approaches used to compare jobs are?

August 15, 2022September 25, 2021 by admin
The approaches used to compare jobs are?

A. intuitive approaches
B. systematic approaches
C. mathematical approaches
D. logical approaches

Categories Establishing Strategic Pay Plans, HRM Mcqs

The ranking of job, based on difficulty is?

August 15, 2022September 25, 2021 by admin
The ranking of job, based on difficulty is?

A. job description
B. job specification
C. job evaluation
D. ranking method

Categories Establishing Strategic Pay Plans, HRM Mcqs

An ‘Equity theory of Motivation’ does not include?

August 15, 2022September 25, 2021 by admin
An ‘Equity theory of Motivation’ does not include?

A. internal equity
B. external equity
C. collective equity
D. individual equity

Categories Establishing Strategic Pay Plans, HRM Mcqs

In which incentive the executives are given right to purchase stocks for specific period?

August 15, 2022September 25, 2021 by admin
In which incentive the executives are given right to purchase stocks for specific period?

A. long-term incentives
B. short-term incentives
C. pay scale
D. ranking jobs

Categories Establishing Strategic Pay Plans, HRM Mcqs

The person’s fixed pay and guaranteed bonus is included in?

August 15, 2022September 25, 2021 by admin
The person’s fixed pay and guaranteed bonus is included in?

A. base pay
B. short-term incentives
C. executive benefits
D. long-term incentives

Categories Establishing Strategic Pay Plans, HRM Mcqs

The compensation for top executive job is largely based on?

August 15, 2022September 25, 2021 by admin
The compensation for top executive job is largely based on?

A. job complexity
B. employer’s ability to pay
C. executive’s human capital
D. all of above

Categories Establishing Strategic Pay Plans, HRM Mcqs

The increments based on performance is a basis of?

August 15, 2022September 25, 2021 by admin
The increments based on performance is a basis of?

A. direct financial payments
B. non direct financial payments
C. direct compensation
D. bonuses

Categories Establishing Strategic Pay Plans, HRM Mcqs

The first step in ‘Job ranking’ evaluation method is to?

August 15, 2022September 25, 2021 by admin
The first step in ‘Job ranking’ evaluation method is to?

A. obtain job information
B. select and group jobs
C. select compensable factors
D. rank jobs

Categories Establishing Strategic Pay Plans, HRM Mcqs
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