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Establishing Strategic Pay Plans

The certain basic factors used for comparing jobs are called?

August 15, 2022September 26, 2021 by admin
The certain basic factors used for comparing jobs are called?

A. compensable factors
B. intuitive factors
C. logical factors
D. comprehensive factors

Categories Establishing Strategic Pay Plans, HRM Mcqs

The top managers’ salaries traditionally depend upon?

August 15, 2022September 26, 2021 by admin
The top managers’ salaries traditionally depend upon?

A. company size
B. company performance
C. company internal equity
D. both A and B

Categories Establishing Strategic Pay Plans, HRM Mcqs

The process of classifying, ranking jobs and assigning points to jobs is called?

August 15, 2022September 26, 2021 by admin
The process of classifying, ranking jobs and assigning points to jobs is called?

A. job evaluation
B. job grading
C. pay grading
D. job ranking

Categories Establishing Strategic Pay Plans, HRM Mcqs

The company top executives compensation include

August 15, 2022September 26, 2021 by admin
The company top executives compensation include

A. base pay
B. long-term
C. executive benefits
D. all of above

Categories Establishing Strategic Pay Plans, HRM Mcqs

The ‘incentives’ given to employees are a part of?

August 15, 2022September 26, 2021 by admin
The ‘incentives’ given to employees are a part of?

A. non direct financial payment
B. direct financial payments
C. compensation
D. pension benefits

Categories Establishing Strategic Pay Plans, HRM Mcqs

Communications and employs’ participation is the part of?

August 15, 2022September 26, 2021 by admin
Communications 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

The ranging and grading salary into just few levels is called?

August 15, 2022September 25, 2021 by admin
The ranging and grading salary into just few levels is called?

A. broad banding
B. less branding
C. competency model
D. skill based pay model

Categories Establishing Strategic Pay Plans, HRM Mcqs

The ‘qualitative methods of evaluation’ does not include?

August 15, 2022September 25, 2021 by admin
The ‘qualitative methods of evaluation’ does not include?

A. point method
B. factor comparison method
C. graphical evaluation
D. none of above

Categories Establishing Strategic Pay Plans, HRM Mcqs

The job pay rate depends on?

August 15, 2022September 25, 2021 by admin
The job pay rate depends on?

A. the job itself
B. the qualification only
C. the skills and knowledge only
D. the training completed only

Categories Establishing Strategic Pay Plans, HRM Mcqs

An elimination of direct comparison in ranking method of job evaluation is included in?

August 15, 2022September 25, 2021 by admin
An elimination of direct comparison in ranking method of job evaluation is included in?

A. combine ratings
B. rank jobs
C. selecting compensable factors
D. select and group jobs

Categories Establishing Strategic Pay Plans, HRM Mcqs
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