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HRM Mcqs

The kind of pension plan in which employer’s contribution is specified in employee’s retirement savings funds is classified as?

The kind of pension plan in which employer’s contribution is specified in employee’s retirement savings funds is classified as?

A. defined benefit pension plan
B. defined contribution pension plan
C. defined noncontributory pension plan
D. deferred contribution pension plan

The kind of pension plan in which employer’s contribution is specified in employee’s retirement savings funds is classified as? Read More »

Benefits and Services, HRM Mcqs

A pension plan, an employer’s acknowledgement of financial standing of employee’s account, placing percentage on the basis of annual compensation and interest, regarded as?

A pension plan, an employer’s acknowledgement of financial standing of employee’s account, placing percentage on the basis of annual compensation and interest, regarded as?

A. cash balance plan
B. severance pay plan
C. early retirement window plan
D. employee stock ownership plan

A pension plan, an employer’s acknowledgement of financial standing of employee’s account, placing percentage on the basis of annual compensation and interest, regarded as? Read More »

Benefits and Services, HRM Mcqs

The pension plan, in which specific amount of profit is transferred to employees account, that are payable at the time of retirement or death is classified as?

The pension plan, in which specific amount of profit is transferred to employees account, that are payable at the time of retirement or death is classified as?

A. deferred profit sharing plan
B. savings and thrift plan
C. cash balance plans
D. early retirement window

The pension plan, in which specific amount of profit is transferred to employees account, that are payable at the time of retirement or death is classified as? Read More »

Benefits and Services, HRM Mcqs

In employees’ pension plan, a portion of employees’ earnings contribution into the fund is classified as?

In employees’ pension plan, a portion of employees’ earnings contribution into the fund is classified as?

A. cash balance plans
B. early retirement window
C. deferred profit sharing plan
D. savings and thrift plan

In employees’ pension plan, a portion of employees’ earnings contribution into the fund is classified as? Read More »

Benefits and Services, HRM Mcqs

Under which of the following authority, an HR manager took the decision to provide training to its employees regarding the operations of newly installed machine?

Under which of the following authority, an HR manager took the decision to provide training to its employees regarding the operations of newly installed machine?

A. Staff
B. Functional
C. Line
D. Implied
Under Functional authority, an HR manager took the decision to provide training to its employees regarding the operations of newly installed machine. Functional authority is the right that is delegated to an individual or a department to control specified processes, practices, policies, or other matters in relation to activities undertaken by persons in other departments.

Under which of the following authority, an HR manager took the decision to provide training to its employees regarding the operations of newly installed machine? Read More »

HRM Mcqs

The first step in the e-selection process is____________?

The first step in the e-selection process is____________?

A. consider how the various new stakeholders and clients will use the system
B. train the employees that will be responsible for the administration of the process
C. draw-up a flow chart of the current assessment process
D. draft the desired flow process that will result from the E-selection process

The first step in the e-selection process is____________? Read More »

HRM Mcqs