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Establishing Strategic Pay Plans

Each unit made by a worker to be paid is considered as?

August 15, 2022September 25, 2021 by admin
Each unit made by a worker to be paid is considered as?

A. time based pay
B. performance based pay
C. promotion
D. salary increments

Categories Establishing Strategic Pay Plans, HRM Mcqs

In surveying the market, a way to know what others are paying, known as?

August 15, 2022September 25, 2021 by admin
In surveying the market, a way to know what others are paying, known as?

A. salary survey
B. market survey
C. equity survey
D. motivation survey

Categories Establishing Strategic Pay Plans, HRM Mcqs

The data of benefits like employees insurance and other fringe benefits can be collected through?

August 15, 2022September 25, 2021 by admin
The data of benefits like employees insurance and other fringe benefits can be collected through?

A. benchmark surveys
B. salary surveys
C. primary survey
D. secondary survey

Categories Establishing Strategic Pay Plans, HRM Mcqs

Each band in ‘broad banding’ contains?

August 15, 2022September 25, 2021 by admin
Each band in ‘broad banding’ contains?

A. wide range of jobs
B. lesser range of job
C. only one type of job
D. unspecified job description

Categories Establishing Strategic Pay Plans, HRM Mcqs

A ‘quantitative technique’ in job evaluation processes is?

August 15, 2022September 25, 2021 by admin
A ‘quantitative technique’ in job evaluation processes is?

A. job classification
B. alternative ranking method
C. aligned reward strategy
D. point method

Categories Establishing Strategic Pay Plans, HRM Mcqs

Anchoring jobs and slotting the other jobs accordingly is called?

August 15, 2022September 25, 2021 by admin
Anchoring jobs and slotting the other jobs accordingly is called?

A. benchmarking jobs
B. evaluating pay scales
C. evaluating pay grades
D. evaluating internal equity

Categories Establishing Strategic Pay Plans, HRM Mcqs

Communications and employs’ participation is the part ofCommunications and employs’ participation is the part of?

August 15, 2022September 25, 2021 by admin
Communications and employs’ participation is the part ofCommunications and employs’ participation is the part of?

A. company’s plan
B. strategic plan
C. vision
D. mission

Categories Establishing Strategic Pay Plans, HRM Mcqs
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