HRMC602 Compns Reward MNGMNT

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No Questions A B C D

30 The basic compensations given to employees as salaries or wages are called base pay wages vairable pay salaries
29 According to total rewards approach, the variable pay of the employee is added into base pay subtracted from base pay multiplied to base pay divided to base pay
28 Which of the following theory argues that a policy of pay secrecy is likely to lead to employee Expectancy Theory Agency Theory Equity Theory Reinforcement Theory
dissatisfaction
27 Standard hour plan is to Rowan plan, as straight piecework is to wich plan Halsey 50-50 Plan Bedeaux Plan Merrick Plan Taylor Plan Taylor &
Marrick
Plan

26 A reward management strategy is most essential for job evaluation human resource planning motivating employees and containing none of these
employee costs
25 Which of these statements concerning job status-based rewards is TRUE ? Job evaluation and job status- Job status-based rewards try to Job status-based rewards create a all of these
based rewards motivate minimize pay discrimination psychological distance between employees
employees to compete for anad management
positions further up the
organizational hierarchy

24 The benefits offered in traditional compensation approach are usually fixed and tied to tenure vairable and tied to tenure benchmarked to other companies none of these
23 The types of compnesation the employees get from organization after timely completion of intrinsic rewards extrinsic rewards strictness reward both a & b
work includes
22 Which of these is not a contingent worker ? an independent contractor an on call worker a regular part time worker temporary hired worker
21 The systematic way of determining the worth of all the jobs within any organization is called compensable evaluation job evaluation benchmark job job promotion structure

20 The indirect rewards given to employees of organization for being the member of organization productivity compensation affectivity compensation benefits philosophical compensaiton
are called
19 The focus of reward management has moved from paying for a position or job title to global wage surveys rewarding employees on the basis of training for success union avoidance
competencies or contributions to the
organization

18 Which of the following is True in case Performance-related pay systems: tie reward to firm profitability are easy to implement and measure tie rewards to employee efforts result in negligible increases in
output
17 According to compnesation programe designed for employee, the variable pay other than base indirect compensation recency compensation direct compensation primacy compensation
pay is classified as part of
16 The employees to whom the overtime is must to be paid under the restriction of Fair Labor salaried exempt employees salareid non exempt employees exempt employees non-exemt employees
Strandards Act are called
15 Which of the following enables opennes and communication about pay in an organization transparency context ownership strategy

14 The ration in which the pay level is divided by the pay range midpoint is classified as primacy ration regression ration matrix ratio compa ratio

13 The employee who is paid less than the specified range for the job is calssified as blue circled employee white circled employee green circled employee red circled employee
12 Most contingent workers receive wages which are typically higher than rest of the workers lower than the rest of the workers flexible in nature none of these

11 The time spent in organziation while performing the particular job is calssified as seniority career maturity career equity none quity
10 Which of the following addresses the question "How do we win or gain competititve advantage business unit strategies HR strategies strategic plan all of these
?
9 Which of the following plan is most effective in lowering labor costs without lowering the leel Scanlon plan rucker plan Gantt Plan non of these
of a firms' activity ?
8 Which of these methods of reward management would not qualify under the term seniority based pay group incentive pay banding profit sharing
performance related pay ?
7 The purpose of conducting salary surveys is to obtain information regarding what other competitors expect none of these what other competitors pay for job what jobs other competitors have
you to pay
6 The factors that are common in group of jobs and are used to indentify the value of job are primacy factors exemption factors compensable factors equirty factors
called
5 An organization uses fair procedures and have supervisors who are viewed as fair in the meas distributive justice internal alignment internal equity procedural justice
they use to allocate rewards thus this organization is perceived as more trustworthy and is able
to command higher levels of commotmnet. Which of the following enables the organzation to
gain this level ?

4 The factos important to price the jobs in any organization includes - job importance dificulty of job skills and abilities required all of these
3 What is the second step in interpreting pay survey data ? check for defaults throw out the top and bottom paying check for anomalies check accuracy of the job matches
firms
2 Union membership raises wages for men more than for women ! no its not rue yes its true in some cases in some states
1 What is the full form of SVOP scale value of production scale value of productivity sales values of poroduction sales value of productivity
No Questions A B C D
30 Which of the following plan is most effective in lowering labor costs without lowering the leel Scanlon plan rucker plan Gantt Plan non of these
of a firms' activity ?
29 The Systematic way of determining the worth of all the jobs within any organization is called compnesable evaluation job evaluation benchmark job job promotion structure

28 The benefits offered in traditional compensation approach are usually fixed and tied to tenure vairable and tied to tenure benchmarked to other companies none of these
27 performance-based annual bonuses are an example of ? incentive base pay short term incentive plan all of these
26 The type of rewards employees get in form of praise for succesfully accomplishing goals or primacy rewards intrinsic rewards extrinsic rewards merit pay
completing project is calssified as
25 __________ reflects the value of goods and services an employee produces in a job exchange value use value value work flow
24 Which of the following addresses the question "How do we win or gain competititve advantage business unit strategies HR strategies strategic plan all of these
?
23 The perceived fairness of all the procedures and process that are considered to make decisions primacy justice recency justice procedural justice distributive justice
about employees and their pay is called
22 Which of the following theory argues that a policy of pay secrecy is likely to lead to employee Expectancy Theory Agency Theory Equity Theory Reinforcement Theory
dissatisfaction
21 Which of the following is suitable in reference to Pay Ranges ? can meet employees make pay administration rates paid to jobs in career progression difference between maximum pay
expectations that pay will to minimum pay
increase over time

20 The payments made to employees without taking hours for which they worked into base pay wages vairable pay salaries
consideration are called
19 The factos that are common in group of jobs and are used to indentify the value of job are called primacy factors exemption factors compensable factors equirty factors

18 The primary sources of the race/ethnic pay gap are differences in____________ work related behavior and union qualification and occupations firms and industries labor market
differences
17 Which part of the wage component do Provision for cards, parking lots and membership in base salary of executives executies perks merit pay none of these
country club for some employees included in ?
16 The focus of reward management has moved from paying for a position or job title to global wage surveys rewarding employees on the basis of training for success union avoidance
competencies or contributions to the
organization

15 The employee who is paid more than the specified range for the job is classified as green circled employee red circled employee blue circled employee white circled employee
14 Which of the following addresses the requirements of decision taken regarding pay design and distributive justice procedural justice internal equity internal alignment
administration issues and the consistency of pay procedures ?
13 Which of the following is True in case Performance-related pay systems: tie reward to firm profitability are easy to implement and measure tie rewards to employee efforts result in negligible increases in
output
12 Which of the following is most effective in attracting quality employees to organization with balance scorecard deferred profit sharing cash profit sharing stock ownerships
uncertain futures and retaining employees ?
11 What is the full form of SVOP scale value of production scale value of productivity sales values of poroduction sales value of productivity
10 Which of the following options is the most common and usual form of direct compensation base pay and benefits base and variable pay variable pya and benefits all of these
paid in organization ?
9 Examination of alignment, competitiveness and contribution are components of implement strategy mapping a total compensation assess total compensation none of these
strategy
8 In reference to the model of Behavior and human resource practices, which of these elements Economic conditions Public policy Organizational design Unions
may not be considered as an environmental obstacle ?
7 Union membership raises wages for men more than for women ! no its not rue yes its true in some cases in some states
6 The collection of data consisting compensation rates of all the workers who perform similar KSA survey pay survey job survey skills survey
jobs in other organizations refers to
5 What is the second step in interpreting pay survey data ? check for defaults throw out the top and bottom paying check for anomalies check accuracy of the job matches
firms
4 Pay system in Japan are primilary based upon senirority Seniority skill experience none of these
3 Which of the following pay structures reflect the greatest difference in pay between the hierarchical egalitarian bureaucratic delayered
highest and lowest level employees in any orgnization ?
2 The indirect rewards given to employees of organization for being the member of organization productivity compensation affectivity compensation benefits philosophical compensaiton
are called
1 Which of these is not a contingent worker ? an independent contractor an on call worker a regular part time worker temporary hired worker

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