How Do You Handle Compensation and Benefits? Share Your Insights and Preferences

Compensation Benefits and Management

Name:
Designation:
Experience:
A. 0-2 yrs
B. 2-5 yrs
C. 5-7 yrs
D. 7-10 yrs
E. 10+ years

1. What is the average working duration/hour of an employee?
A. 8 hours
B. 9–10 hours
C. More than 10 hours

2. Do you agree that the shift system is more convenient than adopting a fixed timing to work?
A. Strongly Agree
B. Agree
C. Neutral
D. Disagree
E. Strongly Disagree

3. Do you have a formal job evaluation plan in place?
A. Yes
B. No

4. Do you have written job descriptions for your job?
A. Yes
B. No

5. Do you have an employee policy manual?
A. Yes
B. No

6. Which type of compensation payment system do you prefer?
A. Fixed pay system
B. Variable pay system
C. Balanced-Debt Method
D. All

7. What is your organization's compensation policy?
A. Stay even with area labor market
B. Stay ahead of area labor market
C. Stay even with industry pay practices
D. Stay ahead of industry pay practices

Regards

I'm doing an MBA final year project. These minimum questions are useful, but I want more questionnaires for compensation plans. Please help me and kindly provide more information and guidance on the compensation plan. Thank you.

Regards,