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Establishing Strategic Pay Plans

The job evaluation process, in which the raters categorize jobs into groups is called?

August 15, 2022September 25, 2021 by admin
The job evaluation process, in which the raters categorize jobs into groups is called?

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

Categories Establishing Strategic Pay Plans, HRM Mcqs

The demonstrable skills, knowledge or behaviors that enable employee’s performance are called?

August 15, 2022September 25, 2021 by admin
The demonstrable skills, knowledge or behaviors that enable employee’s performance are called?

A. competencies
B. job description
C. job specification
D. job evaluation

Categories Establishing Strategic Pay Plans, HRM Mcqs

The company top executives compensation include?

August 15, 2022September 25, 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 ‘rate of return on investment’ is classified as?

August 15, 2022September 25, 2021 by admin
The ‘rate of return on investment’ is classified as?

A. long-term shareholder value
B. calculating stock value
C. calculating return on investment
D. calculating working capital

Categories Establishing Strategic Pay Plans, HRM Mcqs

The compensations and reward packages are designed for employees, must help company to achieve its?

August 15, 2022September 25, 2021 by admin
The compensations and reward packages are designed for employees, must help company to achieve its?

A. mission
B. vision
C. strategic goals
D. compensation strategy

Categories Establishing Strategic Pay Plans, HRM Mcqs

The method in which employer first choose higher and lowest, then secondly choosing the highest and the lowest is?

August 15, 2022September 25, 2021 by admin
The method in which employer first choose higher and lowest, then secondly choosing the highest and the lowest is?

A. alternation ranking method
B. point method
C. ranking method
D. job classification

Categories Establishing Strategic Pay Plans, HRM Mcqs

The operating profit margin is included in?

August 15, 2022September 25, 2021 by admin
The operating profit margin is included in?

A. short-term of shareholder value
B. long-term shareholder value
C. economic value added
D. managerial job evaluation

Categories Establishing Strategic Pay Plans, HRM Mcqs

The sales commission is an example of?

August 15, 2022September 25, 2021 by admin
The sales commission is an example of?

A. time based pay
B. performance based pay
C. bonuses
D. salary incentives

Categories Establishing Strategic Pay Plans, HRM Mcqs

The package of salary, incentives and fringe benefits designed in a way to motivate the employees is known as?

August 15, 2022September 25, 2021 by admin
The package of salary, incentives and fringe benefits designed in a way to motivate the employees is known as?

A. HR strategy
B. performance appraisal
C. aligned reward strategy
D. aligned compensating strategy

Categories Establishing Strategic Pay Plans, HRM Mcqs

‘Microsoft’ pays new programmers for learning Windows particulars, classified as?

August 15, 2022September 25, 2021 by admin
‘Microsoft’ pays new programmers for learning Windows particulars, classified as?

A. pay plan based on knowledge
B. pay plan based on title of job
C. pay plan based on tenure
D. pay plan based on performance

Categories Establishing Strategic Pay Plans, HRM Mcqs
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