Exam 11: Strategic Pay Plans

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When compensating professional employees, the most commonly used job evaluation method is

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An alternative method to a traditional job evaluation is pay

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Executive compensation tends to emphasize performance incentives more than

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A disadvantage of the job classification method of job evaluation is the difficulty in

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Skill/competency-based and market-based pay entirely eliminates the need for evaluating the worth of one job relative to others in the firm.

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The two bases upon which to pay employees are increments of performance and seniority.

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Executive, administrative, and professional employees are included in the overtime requirements of employment/labour standards legislation.

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