A. group similar jobs
B. price each pay grade
C. fine tune pay rates
D. determining the worth of each job
HRM Mcqs
The work experience and field of study are included in?
A. working capital
B. human capital
C. compensation capital
D. size of working capital
The approaches used to compare jobs are?
A. intuitive approaches
B. systematic approaches
C. mathematical approaches
D. logical approaches
The ranking of job, based on difficulty is?
A. job description
B. job specification
C. job evaluation
D. ranking method
An ‘Equity theory of Motivation’ does not include?
A. internal equity
B. external equity
C. collective equity
D. individual equity
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
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
The compensation for top executive job is largely based on?
A. job complexity
B. employer’s ability to pay
C. executive’s human capital
D. all of above
The increments based on performance is a basis of?
A. direct financial payments
B. non direct financial payments
C. direct compensation
D. bonuses
The first step in ‘Job ranking’ evaluation method is to?
A. obtain job information
B. select and group jobs
C. select compensable factors
D. rank jobs