Compensation Management And Employee Welfare Laws

20 Questions | Total Attempts: 83

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Compensation Management And Employee Welfare Laws - Quiz


Questions and Answers
  • 1. 
    What is the condition for women to be eligible for maternity benefit?
    • A. 

      Must work in the establishment for 80 days in 12 months before her date of delivery.

    • B. 

      Must work in the establishment for 80 days in 6 months before her date of delivery.

    • C. 

      Must work in the establishment for 180 days in 6 months before her date of delivery.

    • D. 

      Must work in the establishment for 180 days in 12 months before her date of delivery

  • 2. 
    What is the break up of “26 weeks” leave with average pay under Maternity Benefit Act?
    • A. 

      Leave with average pay for 8 weeks before the delivery and 18 weeks after the delivery

    • B. 

      Leave with average pay for 18 weeks before the delivery and 8 weeks after the delivery

    • C. 

      Leave with average pay for 6 weeks before the delivery and 20 weeks after the delivery

    • D. 

      Leave with average pay for 7 weeks before the delivery and 19 weeks after the delivery

  • 3. 
    Under Maternity Benefit Act, women should give written notice to the employer about ___ weeks before the date of her delivery.
    • A. 

      4

    • B. 

      10

    • C. 

      7

    • D. 

      8

  • 4. 
    Under Maternity Benefit Act, the employer shall allow _____ visits a day to the creche by the woman, which shall also include the interval for rest allowed to her.
    • A. 

      2

    • B. 

      4

    • C. 

      5

    • D. 

      6

  • 5. 
    What is the wage ceiling for coverage under Payment of Bonus Act, 1965?
    • A. 

      10,000

    • B. 

      21,000

    • C. 

      16,500

    • D. 

      18,000

  • 6. 
    Allocable surplus is ____ percent of available surplus in case of non-banking companies.
    • A. 

      50

    • B. 

      60

    • C. 

      67

    • D. 

      57

  • 7. 
    Set-on is the carry forward when allocable surplus is more than the maximum bonus.What is the maximum bonus under Payment of Bonus Act, 1965?
    • A. 

      20% of wages

    • B. 

      25% of wages

    • C. 

      30% of wages

    • D. 

      None of the above

  • 8. 
    Which of the following is not among the tests to determine whether a payment is festival bonus?
    • A. 

      Unbroken series of payments

    • B. 

      Paid at a uniform rate throughout

    • C. 

      Paid for a sufficiently long period of time

    • D. 

      Depends on profit earned

  • 9. 
    As per Payment of Bonus (Amendment) Act,2015, calculation ceiling for the bonus is _______ rupees or the minimum wage for the scheduled employment, as fixed appropriate government, whichever is higher.
    • A. 

      5000

    • B. 

      7000

    • C. 

      3000

    • D. 

      8000

  • 10. 
    Under Payment of Wages Act, the total amount of fine which may be imposed in one wage period on any employed person shall not exceed ______ of the wages payable to him in respect of that wage-period.
    • A. 

      6%

    • B. 

      5%

    • C. 

      3%

    • D. 

      2%

  • 11. 
    _______ refers to non-monetary benefits offered and provided to employees in lieu of the services provided by them to the organisation.
    • A. 

      Direct Compensation

    • B. 

      Indirect Compensation

    • C. 

      Pay for Performance

    • D. 

      None of the above

  • 12. 
    The Minimum Wages Act, 1948 lays down the principles for fixation of ____________.
    • A. 

      A minimum time rate of wages

    • B. 

      A minimum piece rate

    • C. 

      A guaranteed time rate

    • D. 

      All of the above

  • 13. 
    Which of the following is not among the factors behind the need of International Compensation Policy?
    • A. 

      Economic Factors

    • B. 

      Institutional Factors

    • C. 

      Organizational Factors

    • D. 

      Stakeholder Factors

  • 14. 
    ________ focuses on customer, productivity and high quality as their compensation strategy.
    • A. 

      Google

    • B. 

      Nucor

    • C. 

      Merril Lynch

    • D. 

      Adobe

  • 15. 
    Which of the following is not a part of non-financial compensation?
    • A. 

      Fringe Benefits

    • B. 

      Flexible Work Time

    • C. 

      Job Sharing

    • D. 

      None of the above

  • 16. 
    All of these are approaches of calculating expatriate pay, except 
    • A. 

      Home country basis

    • B. 

      Host country basis

    • C. 

      Hybrid basis

    • D. 

      Proportional basis

  • 17. 
    Any worker who has worked not less than__________ in that year is entitled to payment of bonus under Payment of Bonus Act, 1948
    • A. 

      30 days

    • B. 

      60 days

    • C. 

      50 days

    • D. 

      45 days

  • 18. 
    Under Payment of Wages Act, persons employed in railway, factory or Industrial or other establishment (1000 workers or more) shall be paid before the expiry of ___ day after the last day of the wage period in respect of which the wages are payable.
    • A. 

      Seventh

    • B. 

      Third

    • C. 

      Second

    • D. 

      Tenth

  • 19. 
    ______ is defined as a strategy to consolidate a large number of pay grades into a few and wider ranges or bands.
    • A. 

      Hybrid banding

    • B. 

      Wide banding

    • C. 

      Layered banding

    • D. 

      Broad banding

  • 20. 
    ___________ is horizontal grouping of different jobs that are considered substantially equal for the pay purposes.
    • A. 

      Pay grade

    • B. 

      Pay range

    • C. 

      Pay mix

    • D. 

      Pay schedule

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