A. individual equity
B. pay rate equity
C. collective equity
D. procedural equity
The jobs pay rates on the basis of each individual performance is called? Read More »
Establishing Strategic Pay Plans, HRM McqsA. employee performance and competencies
B. company growth and market share
C. employee skills and creativity
D. pay for knowledge
In recent years, job title and tenure is replaced by? Read More »
Establishing Strategic Pay Plans, HRM McqsA. point method
B. factor comparison
C. job classification
D. alternation ranking method
A. pay ranges
B. grade ranges
C. similar jobs grades
D. anchoring pay ratings
The levels and series of steps based on the years of service in pay grades are called? Read More »
Establishing Strategic Pay Plans, HRM McqsA. internal equity
B. external equity
C. collective equity
D. individual equity
An employee compares his pay with other’s pay in company at same position is called? Read More »
Establishing Strategic Pay Plans, HRM McqsA. external equity
B. collective equity
C. individual equity
D. internal equity
Comparison of fairness of job’s pay rate to the other jobs in company is called? Read More »
Establishing Strategic Pay Plans, HRM McqsA. point method
B. job grading
C. factor comparison method
D. alternation ranking method
Calculating numerical rating and arranging each job according to skill is called? Read More »
Establishing Strategic Pay Plans, HRM McqsA. under paid
B. over paid
C. regularly paid
D. non paid internees
An equity theory of motivation applies to employees who are often? Read More »
Establishing Strategic Pay Plans, HRM McqsA. selection of compensable factors
B. selection of intuitive factors
C. selection of logical factors
D. selection of comprehensive factors
Defining the factors to be compared is included in? Read More »
Establishing Strategic Pay Plans, HRM McqsA. direct pay
B. indirect pay
C. compensation
D. direct recruitment
The ‘commission’ that salesmen earns is an example of? Read More »
Establishing Strategic Pay Plans, HRM Mcqs