A. job complexity
B. employer’s ability to pay
C. executive’s human capital
D. all of above
Establishing Strategic Pay Plans
The increments based on performance is a basis of?
A. direct financial payments
B. non direct financial payments
C. direct compensation
D. bonuses
The first step in ‘Job ranking’ evaluation method is to?
A. obtain job information
B. select and group jobs
C. select compensable factors
D. rank jobs
‘Benchmarking’ of jobs is included in?
A. internal equity
B. external equity
C. procedural equity
D. salary survey
The third step in ‘ranking method’ of evaluating job method is to?
A. select compensable factors
B. combine ratings
C. rank jobs
D. select and group jobs
The revenue growth is included in?
A. short-term of shareholder value
B. compensation of company executive
C. determination of stocks
D. determination of investment
The procedure of ranking jobs or grouping in clusters is included in?
A. getting job information
B. combining ratings
C. ranking jobs
D. selecting and grouping jobs
The traditional pay plan used in companies is mostly?
A. person oriented
B. job oriented
C. tenure oriented
D. evaluation oriented
An employer; not paying for the title of job and hired , regarded as?
A. pay based on company’s profit
B. pay based on company’s stocks
C. pay based on competency
D. pay based on time
The second step in ranking method of job evaluation is to?
A. combine ratings
B. rank jobs
C. selecting compensable factors
D. grouping jobs