Quiz 3

Question 1 - Compa ratio’ is the ratio between –

Answer - Individual’s current compensation and median compensation

Question 2 - The following is NOT considered as part of C&B system –

Answer - Job Security

Question 3 - The Flexible Benefits Plan – FBP, allows employees –

Answer – To select benefits of choice within their ‘Total remuneration’

Question 4 - The ‘Total Rewards’ approach focuses on -

Answer - All of the above

Question 5 - A pay structure with low degree of ‘overlap’ between the grades is likely to –

Answer - To have more number of pay levels

Question 6 - One of the major advantages of adopting Host- country national based staffing stategy is -

Answer - All of the above

Question 7 - International assignments that are planned for over 1 to 5 years durations are know as –

Answer - Long term assignments

Question 8 - In terms of Compensation and Benefits, Equity is usually compared in terms of –

Answer - Internal and External Equity