Practice Compensation Management - 1.11 | 1. Human Resource Management (HRM) | ICSE Class 12 Business Studies
K12 Students

Academics

AI-Powered learning for Grades 8–12, aligned with major Indian and international curricula.

Professionals

Professional Courses

Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.

Games

Interactive Games

Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is compensation management?

💡 Hint: Think about the relationship between pay and employee work.

Question 2

Easy

Name two components of compensation management.

💡 Hint: Consider what forms employee payments can take.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What does compensation management primarily deal with?

  • Employee recruitment
  • Employee remuneration
  • Employee training

💡 Hint: Look for the main focus of managing employee satisfaction.

Question 2

True or False: Bonuses are regular payments made to employees every month.

  • True
  • False

💡 Hint: Remember the difference between ongoing wages and one-off bonuses.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Create a compensation plan for a small business, outlining necessary components and justifying each choice.

💡 Hint: Consider the industry standards and employee expectations.

Question 2

Analyze the effects of inadequate compensation on organizational performance.

💡 Hint: Think about the repercussions of dissatisfied employees in a workplace.

Challenge and get performance evaluation