employee compensation

mcqspedia.com has 5 Question/Answers about Topic employee compensation

Most common and usual form of direct compensation paid in organizations is

Most common and usual form of direct compensation paid in organizations is
  • A. base pay and benefits
  • B. base and variable pay
  • C. variable pay and benefits
  • D. all of above
  • Correct Answer: Option B

Payments made to employees without taking hours for which they worked into consideration are called

Payments made to employees without taking hours for which they worked into consideration are called
  • A. base pay
  • B. wages
  • C. variable pay
  • D. salaries
  • Correct Answer: Option D

Compensation given with base pay linked to individual team or organizational performance is classified as

Compensation given with base pay linked to individual team or organizational performance is classified as
  • A. variable pay
  • B. salaries
  • C. base pay
  • D. wages
  • Correct Answer: Option A

Payments made to employees for amount of time in which employee has worked are classified as

Payments made to employees for amount of time in which employee has worked are classified as
  • A. variable pay
  • B. salaries
  • C. base pay
  • D. wages
  • Correct Answer: Option D

Basic compensations given to employees as salaries or wages are called

Basic compensations given to employees as salaries or wages are called
  • A. base pay
  • B. wages
  • C. variable pay
  • D. salaries
  • Correct Answer: Option A