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Compensation Administration

A segment of human resource management focusing on planning, and controlling the direct and indirect payments employees receive for the work they perform.

human resource management

hospitality management

workers

benefits administration

private organizations

Single parent and primary care giver of the children are qualified to file as ____________?

Top 25 Payroll Manager Interview Qu...
Top 25 Payroll Manager Interview Questions and Answers for 2022
  • a. Single
  • b. Head of the household
  • c. Divorcee filing status

Provides 7 days leave with full pay to all married male employees in the private and public sector for the first four deliveries of the legitimate spouse with whom he is cohabiting.

  • a. Paternal pay
  • b. Paternity pay
  • c. Holiday pay

programs are one method of motivating employees to change work habits and key behaviors to benefit a small business.

  • a. Employee reward and recognition
  • b. Bonus
  • c. Salary & wages

The employee who is paid more than the specified range for the job is classified as

  • a. White circled employee
  • b. Blue circled employee
  • c. Green circled employees
  • d. Red circled employee

Is a term used in labor economics to analyze the relation between the wage rate and the unpleasantness, risk, or other undesirable attributes of a particular job.

  • a. Schemes
  • b. Incentive
  • c. Wage differential

Which of the following terms refers to any salary increase the firm awards to an individual employee based on his or her individual performance?

  • a. Competency-based pay
  • b. Base pay
  • c. Merit pay
  • d. Variable pay

What do you understand by PAS?

  • a. All of these
  • b. Emphasis on cost
  • c. Emphasis on evaluation of individuals
  • d. Emphasis on promotion

It is value of all cash payments (total earning) and benefit receives by employees.

  • a. Allowances
  • b. Total Remuneration
  • c. Skill-base Pay

Which of the following is NOT a type of direct financial payment?

  • a. Commission
  • b. Incentives
  • c. Wages
  • d. Insurance

Salary levels are based on the employees skills as opposed to the job title

  • a. Overtime
  • b. Compensation
  • c. Variable pay
  • d. Skill level pay

One of the reasons that lead to the dismissal of an employee

  • a. Nepotism
  • b. Theft of company’s property
  • c. Misrepresentation

It is the process of leaving the organization permanently on the ground of attaining the age of superannuation or voluntarily

  • a. lay off
  • b. Discharge
  • c. Retirement

Refers to monetary compensation provided to employees in returns of their services to the organization.

  • a. Direct compensation
  • b. Incentives
  • c. Fringe benefits

Includes the several grades and each grade containing a minimum salary, increments and grade range.

  • a. 13th month pay
  • b. Salary surveys
  • c. Pay structure Salary surveys

Is the action by the company given to the employee who does not meet the organization’s expectations.

  • a. Discharge of employee
  • b. Displacement
  • c. Retirement

Designed to give additional compensation to employees during the holiday season.

  • a. 13th month pay
  • b. Retirement pay
  • c. Maternity pay

Refers to monetary compensation provided to employees in returns of their services to the

  • a. Direct compensation
  • b. Incentives
  • c. Fringe benefits

It is the process of setting the pay scale for specific or types of jobs.

  • a. Skill pay
  • b. Overtime
  • c. Variable
  • d. Pay grading

These are indirect financial compensation which are generally available to all the firms and include such things as time off with pay, health and life insurance, retirement, etc.

  • a. Commission
  • b. Benefits
  • c. Bonus

Compensation other than an hourly wage or salary

  • a. Compensation
  • b. Skills pay
  • c. Benefits
  • d. Variable pay

___________ is a program where information manager-employee exchanges such as praise, approval or expressions of appreciation are given for a job well done.

  • a. Merit pay
  • b. Variable pay
  • c. A social recognition program
  • d. Performance feedback

In which of the following do workers received a basic hourly rate plus a premium equal to the percent by which their performance exceeds the standard?

  • a. Standard piecework
  • b. Straight piecework
  • c. Standard hour plan
  • d. Variable pay

is a term used in labor economics to analyze the relation between the wage rate and the

  • a. Schemes
  • b. Incentive
  • c. Wage differential

It is the process of leaving the organization permanently on the ground of attaining the age of superannuation or voluntarily.

  • a. Retirement
  • b. Discharge
  • c. Lay-off

1) Ramon is a sales representative in a jewelry store. He typically works 40 hours per week and his pay is completely based on his sales. He earns a 5% commission for every sale he makes. Which of the following terms best describes Ramon situation?

  • a. Piecework
  • b. Pay for performance
  • c. Time-based compensation
  • d. Indirect financial compensation

In which of the following do workers received a basic hourly rate plus a premium equal to the percent by which their performance exceeds the standard?

  • a. Variable pay
  • b. Standard hour plan
  • c. Standard piecework
  • d. Straight piecework

Refers to remuneration packages specifically designed for business leaders, senior management and executive-level employees of a company.

  • a. Supervisory compensation
  • b. Executive compensation
  • c. Managerial compensation

5. Is the action by the company given to the employee who does not meet the organization’s expectations.

  • a. Retirement
  • b. Displacement
  • c. Discharge of employee

What theory of motivation states that people are strongly motivated to maintain a balance between what they perceived as their contribution and their reward?

  • a. Equity theory
  • b. Learned needs theory
  • c. Two-factor theory
  • d. Expectancy theory

The process of revealing the detailed information on how much each director is getting paid, the components of remuneration.

  • a. Remuneration closure
  • b. Remuneration disclosure
  • c. Remuneration computation

These are the non-job related rewards such as pay, salary and work conditions.

  • a. Compensation rewards
  • b. Intrinsic rewards
  • c. Extrinsic rewards

One of the techniques of trimming the workforce is

  • a. Retrenchment
  • b. Voluntary Retirement Scheme (VRS)
  • c. Lay-off

Deadline for tax filing is _____________?

  • a. 30th day of April
  • b. 1st day of April
  • c. 15th day of April

.___________ is a program where information manager-employee exchanges such as praise, approval or expressions of appreciation are given for a job well done.

  • a. Merit pay
  • b. A social recognition program
  • c. Performance feedback
  • d. Variable pay

How much percentage from the basic pay should the employer has to pay to employees during layoff period?

  • a. 25% of the basic wage
  • b. 30% of the basic wage
  • c. 50% of the basic wage

The most common eligibility determinant for bonuses is:

  • a. Job title
  • b. Salary grade
  • c. Officer status
  • d. Base salary

Total amount of the monetary and non-monetary pay provided to an employee by an employer in return for work performed as required by the organization.

  • a. Variable pay
  • b. Compensation
  • c. Skills pay
  • d. Benefit

A term used in labor economics to analyze the relation between the wage rate and the unpleasantness, risk, or other undesirable attributes of a particular job.

  • a. Skill-base pay
  • b. Special allowance
  • c. Wage differential

The most important HR dimensions to organizational performance _________

  • a. Job satisfaction
  • b. All of these
  • c. Motivation
  • d. Employee commitment

Performance Management includes

  • a. Workplan
  • b. Individual development plan
  • c. All of these
  • d. Performance appraisal

Includes the several grades and each grade containing a minimum salary, increments and

  • a. Salary surveys
  • b. Pay structure Salary surveys
  • c. 13th month pay

Ramon is a sales representative in a jewelry store. He typically works 40 hours per week and his pay is completely based on his sales. He earns a 5% commission for every sale he makes. Which of the following terms best describes Ramon situation?

  • a. Time-based compensation
  • b. Pay for performance
  • c. Indirect financial compensation
  • d. Piecework

A term used in labor economics to analyze the relation between the wage rate and the

  • a. Skill-base pay
  • b. Special allowance
  • c. Wage differential

Mary is a line manger at a paper supply company. All of the following are methods that Craig should most likely implement to motivate his subordinate EXCEPT_________

  • a. Using positive reinforcement on a daily basis
  • b. Recognizing an employees contribution
  • c. Encouraging workers to earn overtime pay
  • d. Gaining agreement on goals with employees

The Key Result Area refer to __________

  • a. All of these
  • b. Set of performance expectations
  • c. Target needed to be achieved in a given time
  • d. Focus on tangible outputs

What type of pay plan is being used when workers are paid a sum for each unit they produce?

  • a. Piecework
  • b. Bonus
  • c. Competency-based pay
  • d. Job-based pay

The procedure of using less and more broad pay than the traditional systems of compensation is classified as

  • a. Broad banding
  • b. Grade banding
  • c. Structure banding
  • d. Salary banding

This is the compensation for services rendered by directors to a company.

  • a. Salary differential
  • b. Managerial remuneration
  • c. Performance incentives

It creates a sense of fear and uncertainty among the employees who stay with the organization.

  • a. Reprimand
  • b. Demerits
  • c. Evaluation

Refers to the number of years an employee has spent working in organizational.

  • a. Workload
  • b. Experience
  • c. Tenure

What is the main reason to measure performance?

  • a. To improve and appreciate employees
  • b. To increase productivity
  • c. Work Plan
  • d. All of these

Which of the following terms refers to all forms of pay or rewards going to employee and arising from their employment?

  • a. Salary
  • b. Employee compensation
  • c. Wage reimbursement
  • d. Employee benefits

The situation in organization in which differences of individual pay with different level of performance becomes small is classified as:

  • a. Grade compensation
  • b. Equity compensation
  • c. Matrix compensation
  • d. Pay compensation

What theory of motivation states that people are strongly motivated to maintain a balance between what they perceived as their contribution and their reward?

  • a. Two-factor theory
  • b. Expectancy theory
  • c. Equity theory
  • d. Learned needs theory

When an employee himself leave the organization or initiates a separation from the organization?

  • a. Resignation
  • b. Promotion
  • c. Transfer

Which of the following is an importance of Performance Management System?

  • a. Provides opportunities for career growth
  • b. All of these
  • c. Brings employees under single strategic umbrella
  • d. Calls for high level coordination

Is paid to the employees during festive seasons to motivate them and provide them the social security.

  • a. Bonus
  • b. Special allowance
  • c. Incentives

Performance Management includes ___________

  • a. Performance appraisal
  • b. Individual development plan
  • c. All of these
  • d. Work Plan

Is also process of terminating the service of an employee due to any serious misconduct but its action is more severe than discharge.

  • a. Retirement
  • b. Lay-off
  • c. Dismissal

The scheme has its origin during early 1990s in USA and this scheme is known as___________.

  • a. Golden Rule
  • b. Golden hand Shake
  • c. Golden Myth

A kind of retirement wherein the employee found on guilty either in court of law or violated conditions of organization

  • a. Compulsory Retirement
  • b. Premature Retirement
  • c. Forced Retirement

Which performance rating scale involves each behavioral item was scored on a 6-point scale . Including the frequency with which a rater exhibited particular behavior

  • a. BOS
  • b. BARS
  • c. PRS
  • d. GRS

Is a benefit to employee upon reaching the age of 60, or upon completion of 30 years of service whichever is preferred by both the employer and the employee, shall be entitled to all the retirement benefits provided therein or to termination pay equivalent to at least one month salary for every year of service, a fraction of at least months being considered as one whole year.

  • a. Quit claim
  • b. Longevity claim
  • c. Retirement benefits

Which structures reward employees based on the skills, knowledge and experience they apply in the workplace rather than their job or position?

  • a. Quality circle
  • b. Competency based pay
  • c. All of these
  • d. Job satisfaction

Is a substitute word of wages and salaries and it has recently originated.

  • a. Compensation
  • b. Honorarium
  • c. Stipend

The use of illegal action to reduce taxes is commonly known as _________?

  • a. Tax exemption
  • b. Tax avoidance
  • c. Tax evasion