What is the process of sorting executive and management positions into a series of grades called?
Correct answer C. Job evaluation
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HRM MCQs
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- Coaching, Careers and Talent Management 193
- Training and Developing Employees 77
- Managers Role in Strategic HRM 65
- Performance Management and Appraisal 63
- Pay for Performance and Financial Incentives 50
- Labor Relations and Collective Bargaining 35
- Introduction to Human Resource Management 33
- Benefits and Services 24
- Job Analysis 21
- Ethics Justice and Fair Treatment 17
- Managing Global Human Resources 13
- Human Resource Planning and Recruiting 11
- Interviewing candidates 10
- Employee Testing and Selection 9
Bonuses are part of which kind of payment?
Correct answer D. Direct financial payments
Pay based on piecework is an example of what?
Correct answer B. Performance based pay
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A competency-based pay plan is more oriented towards what?
Correct answer D. Person oriented
Information about the specific salary and wage rates for a particular job comes from what?
Correct answer C. Salary survey
Insurance paid for by employers on behalf of employees forms part of which kind of payment?
Correct answer D. Indirect financial payment
How is an executive’s level of education classified?
Correct answer C. Human capital
What is the job evaluation process in which raters sort jobs into groups called?
Correct answer B. Job grading
What are the demonstrable skills, knowledge and behaviours that enable an employee to perform called?
Correct answer C. Competencies
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What does compensation for a company’s top executives include?
Correct answer D. All of the above
How is the rate of return on investment classified?
Correct answer B. Long-term shareholder value
Compensation and reward packages for employees should help the company achieve what?
Correct answer C. Strategic goals
In which method does the employer first pick the highest and lowest jobs, then the next highest and next lowest, and so on?
Correct answer D. Alternation ranking method
Operating profit margin is used as a measure of what?
Correct answer C. Short-term shareholder value
What is a sales commission an example of?
Correct answer B. Performance based pay
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What is a package of salary, incentives and fringe benefits designed to motivate employees known as?
Correct answer A. Aligned reward strategy
Microsoft pays new programmers for learning the details of Windows. What kind of pay plan is this?
Correct answer D. Pay plan based on knowledge
Total profit and rate of return are classed as measures of what?
Correct answer B. Employer’s ability to pay
Which technique gives an employer a flexible stance in the labour market?
Correct answer A. Pay ranges
Which compensable factor does the Hay consulting firm emphasise?
Correct answer C. Accountability