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 McqsA. compensable factors
B. intuitive factors
C. logical factors
D. comprehensive factors
The certain basic factors used for comparing jobs are called? Read More »
Establishing Strategic Pay Plans, HRM McqsA. company size
B. company performance
C. company internal equity
D. both A and B
The top managers’ salaries traditionally depend upon? Read More »
Establishing Strategic Pay Plans, HRM McqsA. job evaluation
B. job grading
C. pay grading
D. job ranking
The process of classifying, ranking jobs and assigning points to jobs is called? Read More »
Establishing Strategic Pay Plans, HRM Mcqs