Compensation Management MCQ

Compensation Management MCQ

1. Three types of inattentional blindness include all of the following except __________.

Answer

Correct Answer: Choice deafness

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2. Evidence shows that in manufacturing, _____ is positively correlated with hourly wage level.

Answer

Correct Answer: Productivity

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3. The u. s. federal government's pay structure is based upon _____ job evaluation system.

Answer

Correct Answer: A classification

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4. When new employees require _____ starting pay than the historical norm it is called Wage Compression.

Answer

Correct Answer: Higher

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5. Rate Range is the_____ of pay for a certain group of jobs.

Answer

Correct Answer: All of these

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6. Pay Structure is _____ within the organization.

Answer

Correct Answer: Both a and b

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7. Overtime is higher-than-minimum, federally mandated wage required for _____ if they work more than a certain number of hours in a week.

Answer

Correct Answer: Non exempt employees

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8. The lowest _____ rate of pay generally permissible by federal law is called as Minimum Wage.

Answer

Correct Answer: Hourly

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9. The process of determining the worth of each position relative to the other positions within the organization is known as_____

Answer

Correct Answer: Job Evaluation

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10. Expectancy Theory is the theory proposing that employees are motivated when they believe they can accomplish a task and that the rewards for doing so are worth the effort.

Answer

Correct Answer: True

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11. Theory that employees are motivated when the ratio of their perceived outcomes to inputs is at least roughly equal to that of other referent individuals is known as_____

Answer

Correct Answer: Equity Theory

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12. Delayering is the process of changing the company structure to get rid of some of the_____ in an organization.

Answer

Correct Answer: Vertical hierarchy

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13. Anything that an employee may value and desire and that the employer is willing and able to offer in exchange is known as Compensation System.

Answer

Correct Answer: True

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14. Compensation is the total of an employee’s_____

Answer

Correct Answer: Both a and b

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15. Combining multiple pay levels into one is known as_____

Answer

Correct Answer: Broadbanding

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