Exam 11: Strategic Pay Plans

According to the textbook,which of the following are the most popular job evaluation methods that can be applied to compensation decisions?

According to the textbook,assigning pay rates to each pay grade (or to each job)is usually accomplished with which of the following?

According to the textbook,most employers rely heavily on formal or informal surveys of what other employers are paying.

Underpaid employees should have their wages raised to which of the following?

According to the textbook,which of the following conducts five compensation surveys annually covering executive; management; professional,supervisory,and sales; information technology; and administrative and support positions?

According to the textbook,which of the following most commonly uses the classification/grading job evaluation method in order to categorize jobs into groups?

Fareena runs a small manufacturing company.A worker hurt his hand on a vertical grinding machine.Fareena filed the proper legal documents quickly so that the worker could receive benefits while recovering from his injury.Which type of legislation did Fareena adhere to?

Describe pay-for-knowledge compensation systems as they relate to competencies and describe what a pay-for-knowledge program should include.

Elaine runs a call centre in Calgary.She is worried that her employees will leave for a similar role at another call centre nearby.What tool will help her determine if her employees are being paid competitively?

Justin used to assemble 18 desks per hour during his shift for the furniture company he works for; then he found out that other workers who only assemble 13 to 15 desks per hour were receiving the same compensation as he was.Justin now assembles 14 desks per hour.Which of the following would help to explain Justin's behaviour?

Which job evaluation method identifies compensable factors in a job as well as the degree to which each of these factors is present in the job and then calculates a value for each job?

Victoria has been a contract worker for a construction company and has just been offered a full-time,non-contract position.She will now receive additional benefits,such as employer-paid insurance and vacation; what are these components of employee compensation called?

The classification/grading method of job evaluation involves categorizing jobs into which of the following?

The job evaluation committee typically includes several employees and has the important task of evaluating the worth of each job using which of the following?

Which of the following is the term used to describe the graphical depiction of the relationship between the value of the job and the average wage paid for that job?

Which of the following is another way of categorizing jobs when undertaking the job classification/grading method,other than using class descriptions and placing jobs into classes based on their correspondence to these descriptions?

When Mary started her web application company one of her goals was to ensure job applicants and employees would not experience discrimination as it related to their pay and opportunities for advancement.Which type of legislation did Mary adhere to?

According to the textbook,which of the following do managers use to monitor and maintain external equity?

What is the job evaluation method that intuitively rates each job relative to all other jobs,usually based on some overall factor like "more important" or "of greater value or worth"?

According to the textbook,what is the basic advantage of broadbanding?