Question 1

Mark's employer uses a competency-based pay system,so Mark is paid for his skills and knowledge rather than his job responsibilities.

Accepted Answer

A) True 
 B)False

Question 2

A ________ pay system involves setting pay rates based on a comparison between internal pay and external pay.

Accepted Answer

A)  ranking 
B)  salary survey 
C)  market-competitive 
D)  compensable factor 
A)  ranking 
B)  salary survey 
C)  market-competitive 
D)  compensable factor

Question 3

Which term refers to a compensation plan that includes traditional pay,job design,career development,and recognition?

Accepted Answer

A)  point method 
B)  total rewards 
C)  competency-based pay 
D)  talent-management salaries 
A)  point method 
B)  total rewards 
C)  competency-based pay 
D)  talent-management salaries

Question 4

When using the job classification method of job evaluation,raters categorize jobs into groups of similar jobs called ________.

Accepted Answer

A)  classes 
B)  grades 
C)  sections 
D)  cohorts 
A)  classes 
B)  grades 
C)  sections 
D)  cohorts

Question 5

What is a drawback associated with the ranking method of job evaluation?

Accepted Answer

A)  high costs 
B)  subjective aspects 
C)  time-consuming 
D)  highly complex 
A)  high costs 
B)  subjective aspects 
C)  time-consuming 
D)  highly complex

Mark's employer uses a competency-based pay system,so Mark is paid for his skills and knowledge rather than his job responsibilities.

A ________ pay system involves setting pay rates based on a comparison between internal pay and external pay.

Which term refers to a compensation plan that includes traditional pay,job design,career development,and recognition?

When using the job classification method of job evaluation,raters categorize jobs into groups of similar jobs called ________.

What is a drawback associated with the ranking method of job evaluation?

Managing Human Resources Today

Managing Equal Opportunity and Diversity

Human Resource Strategy and Analysis

Job Analysis and Talent Management

Personnel Planning and Recruiting

Selecting Employees

Training and Developing Employees

Performance and Talent Management

Managing Careers

Pay for Performance and Employee Benefits

Maintaining Positive Employee Relations

Labor Relations and Collective Bargaining

Improving Occupational Safety, Health, and Risk Management

Filters

Exam 10: Developing Compensation Plans

Mark's employer uses a competency-based pay system,so Mark is paid for his skills and knowledge rather than his job responsibilities.

A ________ pay system involves setting pay rates based on a comparison between internal pay and external pay.

Which term refers to a compensation plan that includes traditional pay,job design,career development,and recognition?

When using the job classification method of job evaluation,raters categorize jobs into groups of similar jobs called ________.

What is a drawback associated with the ranking method of job evaluation?

Managing Human Resources Today

Managing Equal Opportunity and Diversity

Human Resource Strategy and Analysis

Job Analysis and Talent Management

Personnel Planning and Recruiting

Selecting Employees

Training and Developing Employees

Performance and Talent Management

Managing Careers

Pay for Performance and Employee Benefits

Maintaining Positive Employee Relations

Labor Relations and Collective Bargaining

Improving Occupational Safety, Health, and Risk Management

Filters