A. profit sharing plan
B. pay for performance
C. pay for skills
D. pay for tenure
Related Mcqs:
- The type of employees pay rate in which pay is attached with productivity is called __________?
A. fixed pay
B. variable pay
C. fixed-variable pay
D. mixed pay - The pay for time not worked, sick leave, supplemental benefits and severance pay are the types of benefits called?
A. supplemental pay benefits
B. optional pay benefits
C. compensation law benefits
D. unemployment pay benefits - An employee compares his pay with other’s pay in company at same position is called?
A. internal equity
B. external equity
C. collective equity
D. individual equity - The ‘piecework’ pay plan is often called _______?
A. individual pay plan
B. group pay plan
C. extrinsic rewards
D. intrinsic rewards - The pay is rewarded according to strict proportionality between rewards and production results, known as _________?
A. straight piecework
B. proportional piecework
C. dis-proportional piecework
D. variable piecework - The straight commission plan pay salespeople for their __________?
A. results
B. experience
C. skills
D. knowledge - The incentive and pay plan is tied to company’s overall profitability is called _________?
A. fixed pay
B. variable pay
C. fixed-variable pay
D. mixed pay - The second step in pay rate establishment is to ensure the?
A. internal equity
B. external equity
C. procedural equity
D. collective equity - The fairness of individual’s job pay rates in comparison to employees within the firm is included in?
A. secondary equity
B. collective equity
C. primary equity
D. individual equity - Comparison of fairness of job’s pay rate to the other jobs in company is called?
A. external equity
B. collective equity
C. individual equity
D. internal equity
Mcq Added by: admin