A. direct financial payments
B. indirect financial payments
C. paid bonuses
D. Both A and B
HRM Mcqs
An theory states that employees seek balance between the offered services and taken salaries is called?
A. equity theory of motivation
B. equity theory of salaries
C. equity theory of wages
D. equity theory of compression
Creating a package of rewards for employees is called?
A. HR strategy
B. performance appraisal
C. aligned reward strategy
D. aligned compensating strategy
The supplemental insurance plans are included in?
A. long-term incentives
B. short-term benefits
C. executive perks
D. job ranking
The span of control and management level of executive is included in?
A. job complexity
B. complexity in hiring
C. complexity in training
D. complexity in recruitment
The situation in which senior employees’ salaries are lesser than recruited employees, called?
A. salary compression
B. incentive compression
C. aligned reward strategy
D. bonuses compression
The job’s pay rate in comparison with one’s own firm is an example of?
A. external equity
B. primary equity
C. secondary equity
D. collective equity
The cash and stock bonuses for achieving short-term goals are included in?
A. long-term incentives
B. short-term incentives
C. pay scale
D. ranking jobs
The top managers’ salaries traditionally depend upon
A. company size
B. company performance
C. company internal equity
D. both A and B
An ‘Equal Pay Act’ emphasizes compensable factors are such as?
A. skills
B. efforts and responsibility
C. working conditions
D. all of above