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Establishing Strategic Pay Plans

The total profit and rate of return is classified as?

August 15, 2022September 25, 2021 by admin
The total profit and rate of return is classified as?

A. employer’s ability to pay
B. employer’s ability to hire
C. employer’s ability to train employees
D. employer’s ability to grow

Categories Establishing Strategic Pay Plans, HRM Mcqs

The techniques which allow employer for flexible labor stance is?

August 15, 2022September 25, 2021 by admin
The techniques which allow employer for flexible labor stance is?

A. job classification
B. job evaluation method
C. job ranking technique
D. pay ranges

Categories Establishing Strategic Pay Plans, HRM Mcqs

The ‘Hay consulting firm’ emphasizes compensable factors such as?

August 15, 2022September 25, 2021 by admin
The ‘Hay consulting firm’ emphasizes compensable factors such as?

A. skills
B. efforts and responsibility
C. knowledge
D. accountability

Categories Establishing Strategic Pay Plans, HRM Mcqs

After ensuring external and internal equity, the next step in establishing pay rates is?

August 15, 2022September 25, 2021 by admin
After ensuring external and internal equity, the next step in establishing pay rates is?

A. group similar jobs
B. price each pay grade
C. fine tune pay rates
D. determining the worth of each job

Categories Establishing Strategic Pay Plans, HRM Mcqs

The work experience and field of study are included in?

August 15, 2022September 25, 2021 by admin
The work experience and field of study are included in?

A. working capital
B. human capital
C. compensation capital
D. size of working capital

Categories Establishing Strategic Pay Plans, HRM Mcqs

The approaches used to compare jobs are?

August 15, 2022September 25, 2021 by admin
The approaches used to compare jobs are?

A. intuitive approaches
B. systematic approaches
C. mathematical approaches
D. logical approaches

Categories Establishing Strategic Pay Plans, HRM Mcqs

The ranking of job, based on difficulty is?

August 15, 2022September 25, 2021 by admin
The ranking of job, based on difficulty is?

A. job description
B. job specification
C. job evaluation
D. ranking method

Categories Establishing Strategic Pay Plans, HRM Mcqs

An ‘Equity theory of Motivation’ does not include?

August 15, 2022September 25, 2021 by admin
An ‘Equity theory of Motivation’ does not include?

A. internal equity
B. external equity
C. collective equity
D. individual equity

Categories Establishing Strategic Pay Plans, HRM Mcqs

In which incentive the executives are given right to purchase stocks for specific period?

August 15, 2022September 25, 2021 by admin
In which incentive the executives are given right to purchase stocks for specific period?

A. long-term incentives
B. short-term incentives
C. pay scale
D. ranking jobs

Categories Establishing Strategic Pay Plans, HRM Mcqs

The person’s fixed pay and guaranteed bonus is included in?

August 15, 2022September 25, 2021 by admin
The person’s fixed pay and guaranteed bonus is included in?

A. base pay
B. short-term incentives
C. executive benefits
D. long-term incentives

Categories Establishing Strategic Pay Plans, HRM Mcqs
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