Option A: combine ratings
Option B: rank jobs
Option C: selecting compensable factors
Option D: grouping jobs
Correct Answer: grouping jobs ✔
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Option A: basic pay
Option B: short-term benefits
Option C: executive perks
Option D: job ranking
Correct Answer: executive perks ✔
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Option A: comparable worth
Option B: incomparable worth
Option C: definable worth
Option D: indefinable worth
Correct Answer: comparable worth ✔
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Option A: increments based on time
Option B: increments based on piecework
Option C: increments based on overtime
Option D: increments based on occupations
Correct Answer: increments based on time ✔
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Option A: non direct financial payment
Option B: direct financial payments
Option C: compensation
Option D: pension benefits
Correct Answer: direct financial payments ✔
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Option A: classes
Option B: grades
Option C: rank jobs
Option D: combine ratings
Correct Answer: grades ✔
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Option A: employee’s family name
Option B: employee’s competency
Option C: employee’s performance
Option D: employee’s equity
Correct Answer: B. employee’s competency ✔
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Option A: conduct salary survey
Option B: group similar jobs
Option C: price each pay grade
Option D: fine-time pay rates
Correct Answer: conduct salary survey ✔
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Option A: salaries
Option B: bonuses
Option C: promotion
Option D: shopping discounts
Correct Answer: salaries ✔
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Option A: pay for knowledge
Option B: skill-based pay
Option C: time based pay
Option D: Both A and B
Correct Answer: Both A and B ✔
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Option A: wage curve
Option B: salary curve
Option C: job evaluation curve
Option D: job description curve
Correct Answer: wage curve ✔
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The concession, employees gets in form of discounts in air ticket and bus fares is an example of?
Option A: incentives
Option B: non direct payments
Option C: direct payments
Option D: salary increments
Correct Answer: non direct payments ✔
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Option A: time based pay
Option B: performance based pay
Option C: promotion
Option D: salary increments
Correct Answer: performance based pay ✔
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Option A: salary survey
Option B: market survey
Option C: equity survey
Option D: motivation survey
Correct Answer: salary survey ✔
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The data of benefits like employees insurance and other fringe benefits can be collected through?
Option A: benchmark surveys
Option B: salary surveys
Option C: primary survey
Option D: secondary survey
Correct Answer: salary surveys ✔
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Option A: wide range of jobs
Option B: lesser range of job
Option C: only one type of job
Option D: unspecified job description
Correct Answer: wide range of jobs ✔
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Option A: job classification
Option B: alternative ranking method
Option C: aligned reward strategy
Option D: point method
Correct Answer: point method ✔
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Option A: benchmarking jobs
Option B: evaluating pay scales
Option C: evaluating pay grades
Option D: evaluating internal equity
Correct Answer: benchmarking jobs ✔
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Option A: company’s plan
Option B: strategic plan
Option C: vision
Option D: mission
Correct Answer: A. company’s plan ✔
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Option A: broad banding
Option B: less branding
Option C: competency model
Option D: skill based pay model
Correct Answer: broad banding ✔
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Option A: point method
Option B: factor comparison method
Option C: graphical evaluation
Option D: none of above
Correct Answer: none of above ✔
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Option A: the job itself
Option B: the qualification only
Option C: the skills and knowledge only
Option D: the training completed only
Correct Answer: the job itself ✔
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Option A: combine ratings
Option B: rank jobs
Option C: selecting compensable factors
Option D: select and group jobs
Correct Answer: select and group jobs ✔
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Option A: point method
Option B: job classification
Option C: alternative ranking method
Option D: aligned reward strategy
Correct Answer: job classification ✔
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Option A: classes
Option B: grades
Option C: rows
Option D: columns
Correct Answer: classes ✔
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Option A: problem solving
Option B: creativity
Option C: technical knowledge and expertise
Option D: all of above
Correct Answer: all of above ✔
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Option A: creativity
Option B: problem solving
Option C: training
Option D: Both A and B
Correct Answer: Both A and B ✔
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Option A: salary
Option B: bonuses
Option C: commissions
Option D: stock options for employees
Correct Answer: salary ✔
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Option A: benchmark jobs
Option B: salary survey
Option C: permanent job
Option D: temporary job
Correct Answer: benchmark jobs ✔
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Option A: logical factors
Option B: comprehensive factors
Option C: compensable factors
Option D: intuitive factors
Correct Answer: compensable factors ✔
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Option A: job description
Option B: job specification
Option C: job evaluation
Option D: job analysis
Correct Answer: job evaluation ✔
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Option A: secondary equity
Option B: collective equity
Option C: primary equity
Option D: individual equity
Correct Answer: individual equity ✔
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Option A: direct financial payments
Option B: indirect financial payments
Option C: paid bonuses
Option D: Both A and B
Correct Answer: Both A and B ✔
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Option A: equity theory of motivation
Option B: equity theory of salaries
Option C: equity theory of wages
Option D: equity theory of compression
Correct Answer: equity theory of motivation ✔
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Option A: HR strategy
Option B: performance appraisal
Option C: aligned reward strategy
Option D: aligned compensating strategy
Correct Answer: aligned reward strategy ✔
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Option A: long-term incentives
Option B: short-term benefits
Option C: executive perks
Option D: job ranking
Correct Answer: executive perks ✔
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Option A: job complexity
Option B: complexity in hiring
Option C: complexity in training
Option D: complexity in recruitment
Correct Answer: job complexity ✔
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Option A: salary compression
Option B: incentive compression
Option C: aligned reward strategy
Option D: bonuses compression
Correct Answer: salary compression ✔
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Option A: external equity
Option B: primary equity
Option C: secondary equity
Option D: collective equity
Correct Answer: external equity ✔
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Option A: long-term incentives
Option B: short-term incentives
Option C: pay scale
Option D: ranking jobs
Correct Answer: short-term incentives ✔
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Option A: company size
Option B: company performance
Option C: company internal equity
Option D: both A and B
Correct Answer: both A and B ✔
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Option A: skills
Option B: efforts and responsibility
Option C: working conditions
Option D: all of above
Correct Answer: all of above ✔
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Option A: focal reviews
Option B: unvocal reviews
Option C: vocal reviews
Option D: local reviews
Correct Answer: focal reviews ✔
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Option A: pay plan based on knowledge
Option B: pay plan based on skills
Option C: pay plan based on tenure
Option D: pay plan based on performance
Correct Answer: pay plan based on skills ✔
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Option A: competency based pay
Option B: time based pay
Option C: internship based salary
Option D: training based pay
Correct Answer: competency based pay ✔
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Option A: internal equity
Option B: external equity
Option C: procedural equity
Option D: all of above
Correct Answer: all of above ✔
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Option A: internal equity
Option B: external equity
Option C: procedural equity
Option D: collective equity
Correct Answer: internal equity ✔
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Option A: monetary funds
Option B: interest rate
Option C: inflation
Option D: deflation
Correct Answer: inflation ✔
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Option A: rank jobs
Option B: grades
Option C: classes
Option D: columns
Correct Answer: grades ✔
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Option A: performance management process
Option B: high performance work system
Option C: less performance work system
Option D: quantitative job evaluation
Correct Answer: performance management process ✔
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Option A: primary data
Option B: secondary data
Option C: collective equity
Option D: both A and B
Correct Answer: both A and B ✔
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Option A: combining ratings
Option B: ranking jobs
Option C: selection of compensable factors
Option D: grouping jobs
Correct Answer: combining ratings ✔
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Option A: external equity
Option B: internal equity
Option C: compensating equity
Option D: collective equity
Correct Answer: external equity ✔
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Option A: collective equity
Option B: primary equity
Option C: secondary equity
Option D: internal equity
Correct Answer: internal equity ✔
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Option A: rank jobs
Option B: grades
Option C: classes
Option D: columns
Correct Answer: classes ✔
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Option A: job specification
Option B: job description
Option C: job evaluation
Option D: employee training
Correct Answer: job evaluation ✔
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Option A: direct financial payments
Option B: payroll
Option C: counseling
Option D: indirect financial payments
Correct Answer: direct financial payments ✔
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Option A: time based pay
Option B: performance based pay
Option C: bonuses
Option D: promotion
Correct Answer: performance based pay ✔
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Option A: classifying jobs
Option B: grading jobs
Option C: ranking jobs
Option D: none of above
Correct Answer: none of above ✔
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Option A: person oriented
Option B: job oriented
Option C: tenure oriented
Option D: evaluation oriented
Correct Answer: person oriented ✔
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Option A: salary survey
Option B: market survey
Option C: equity survey
Option D: HR survey
Correct Answer: salary survey ✔
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Option A: direct financial payments
Option B: salary increments
Option C: paid counseling
Option D: non direct financial payment
Correct Answer: non direct financial payment ✔
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Option A: working capital
Option B: human capital
Option C: compensation capital
Option D: size of working capital
Correct Answer: human capital ✔
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Option A: point method
Option B: job classification
Option C: job grading
Option D: aligned reward strategy
Correct Answer: job grading ✔
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Option A: competencies
Option B: job description
Option C: job specification
Option D: job evaluation
Correct Answer: competencies ✔
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Option A: base pay
Option B: long-term
Option C: executive benefits
Option D: all of above
Correct Answer: all of above ✔
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Option A: long-term shareholder value
Option B: calculating stock value
Option C: calculating return on investment
Option D: calculating working capital
Correct Answer: long-term shareholder value ✔
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The compensations and reward packages are designed for employees, must help company to achieve its?
Option A: mission
Option B: vision
Option C: strategic goals
Option D: compensation strategy
Correct Answer: strategic goals ✔
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Option A: alternation ranking method
Option B: point method
Option C: ranking method
Option D: job classification
Correct Answer: alternation ranking method ✔
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Option A: short-term of shareholder value
Option B: long-term shareholder value
Option C: economic value added
Option D: managerial job evaluation
Correct Answer: short-term of shareholder value ✔
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Option A: time based pay
Option B: performance based pay
Option C: bonuses
Option D: salary incentives
Correct Answer: performance based pay ✔
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Option A: HR strategy
Option B: performance appraisal
Option C: aligned reward strategy
Option D: aligned compensating strategy
Correct Answer: aligned reward strategy ✔
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Option A: pay plan based on knowledge
Option B: pay plan based on title of job
Option C: pay plan based on tenure
Option D: pay plan based on performance
Correct Answer: pay plan based on knowledge ✔
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Option A: employer’s ability to pay
Option B: employer’s ability to hire
Option C: employer’s ability to train employees
Option D: employer’s ability to grow
Correct Answer: A. employer’s ability to pay ✔
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Option A: job classification
Option B: job evaluation method
Option C: job ranking technique
Option D: pay ranges
Correct Answer: pay ranges ✔
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Option A: skills
Option B: efforts and responsibility
Option C: knowledge
Option D: accountability
Correct Answer: accountability ✔
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Option A: group similar jobs
Option B: price each pay grade
Option C: fine tune pay rates
Option D: determining the worth of each job
Correct Answer: group similar jobs ✔
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Option A: working capital
Option B: human capital
Option C: compensation capital
Option D: size of working capital
Correct Answer: human capital ✔
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Option A: intuitive approaches
Option B: systematic approaches
Option C: mathematical approaches
Option D: logical approaches
Correct Answer: intuitive approaches ✔
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Option A: job description
Option B: job specification
Option C: job evaluation
Option D: ranking method
Correct Answer: ranking method ✔
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Option A: internal equity
Option B: external equity
Option C: collective equity
Option D: individual equity
Correct Answer: collective equity ✔
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Option A: long-term incentives
Option B: short-term incentives
Option C: pay scale
Option D: ranking jobs
Correct Answer: long-term incentives ✔
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Option A: base pay
Option B: short-term incentives
Option C: executive benefits
Option D: long-term incentives
Correct Answer: base pay ✔
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Option A: job complexity
Option B: employer’s ability to pay
Option C: executive’s human capital
Option D: all of above
Correct Answer: all of above ✔
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Option A: direct financial payments
Option B: non direct financial payments
Option C: direct compensation
Option D: bonuses
Correct Answer: direct financial payments ✔
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Option A: obtain job information
Option B: select and group jobs
Option C: select compensable factors
Option D: rank jobs
Correct Answer: obtain job information ✔
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Option A: internal equity
Option B: external equity
Option C: procedural equity
Option D: salary survey
Correct Answer: salary survey ✔
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Option A: select compensable factors
Option B: combine ratings
Option C: rank jobs
Option D: select and group jobs
Correct Answer: select and group jobs ✔
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Option A: short-term of shareholder value
Option B: compensation of company executive
Option C: determination of stocks
Option D: determination of investment
Correct Answer: short-term of shareholder value ✔
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Option A: getting job information
Option B: combining ratings
Option C: ranking jobs
Option D: selecting and grouping jobs
Correct Answer: selecting and grouping jobs ✔
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Option A: person oriented
Option B: job oriented
Option C: tenure oriented
Option D: evaluation oriented
Correct Answer: job oriented ✔
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Option A: pay based on company’s profit
Option B: pay based on company’s stocks
Option C: pay based on competency
Option D: pay based on time
Correct Answer: pay based on competency ✔
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Option A: combine ratings
Option B: rank jobs
Option C: selecting compensable factors
Option D: grouping jobs
Correct Answer: grouping jobs ✔
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Option A: basic pay
Option B: short-term benefits
Option C: executive perks
Option D: job ranking
Correct Answer: executive perks ✔
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Option A: comparable worth
Option B: incomparable worth
Option C: definable worth
Option D: indefinable worth
Correct Answer: comparable worth ✔
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Option A: increments based on time
Option B: increments based on piecework
Option C: increments based on overtime
Option D: increments based on occupations
Correct Answer: increments based on time ✔
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Option A: classes
Option B: grades
Option C: rank jobs
Option D: combine ratings
Correct Answer: grades ✔
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Option A: employee’s family name
Option B: employee’s competency
Option C: employee’s performance
Option D: employee’s equity
Correct Answer: B. employee’s competency ✔
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Option A: conduct salary survey
Option B: group similar jobs
Option C: price each pay grade
Option D: fine-time pay rates
Correct Answer: conduct salary survey ✔
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Option A: salaries
Option B: bonuses
Option C: promotion
Option D: shopping discounts
Correct Answer: salaries ✔
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