A. pay plan based on knowledge
B. pay plan based on skills
C. pay plan based on tenure
D. pay plan based on performance
The workers with the manual jobs are mostly paid as? Read More »
Establishing Strategic Pay Plans, HRM McqsA. competency based pay
B. time based pay
C. internship based salary
D. training based pay
An employee’s salary paid for his skills and knowledge is called? Read More »
Establishing Strategic Pay Plans, HRM McqsA. internal equity
B. external equity
C. procedural equity
D. all of above
The process of establishing the pay rates includes an ensuring is called? Read More »
Establishing Strategic Pay Plans, HRM McqsA. internal equity
B. external equity
C. procedural equity
D. collective equity
The second step in pay rate establishment is to ensure the? Read More »
Establishing Strategic Pay Plans, HRM McqsA. monetary funds
B. interest rate
C. inflation
D. deflation
Salary compression is a result of? Read More »
Establishing Strategic Pay Plans, HRM McqsA. rank jobs
B. grades
C. classes
D. columns
The grouping of dissimilar jobs such as secretaries, mechanics and firefighters, called? Read More »
Establishing Strategic Pay Plans, HRM McqsA. performance management process
B. high performance work system
C. less performance work system
D. quantitative job evaluation
The pay plan is based on influence-able competencies for companies to focus on? Read More »
Establishing Strategic Pay Plans, HRM McqsA. primary data
B. secondary data
C. collective equity
D. both A and B
The salary survey can be conducted through? Read More »
Establishing Strategic Pay Plans, HRM McqsA. combining ratings
B. ranking jobs
C. selection of compensable factors
D. grouping jobs
The several jobs rated with individual ranking, comes under? Read More »
Establishing Strategic Pay Plans, HRM McqsA. external equity
B. internal equity
C. compensating equity
D. collective equity
The salary surveys are used for monitoring and maintaining? Read More »
Establishing Strategic Pay Plans, HRM Mcqs