100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Other

Assigment 01

Rating
-
Sold
1
Pages
6
Uploaded on
03-05-2021
Written in
2020/2021

HRM3705 Assignment 01 - 2021

Institution
Course









Whoops! We can’t load your doc right now. Try again or contact support.

Connected book

Written for

Institution
Course

Document information

Uploaded on
May 3, 2021
Number of pages
6
Written in
2020/2021
Type
Other
Person
Unknown

Subjects

Content preview

HRM3705 - Compensation Management
Assignment 01
2021

, QUESTION 1
If Naledi is appointed, the remuneration building block of _____________ will not be achieved.
1 employee performance
2 internal alignment
3 employee benefits
4 external competitiveness
QUESTION 2
If Abbvie Pharmaceutical decides to appoint Naledi, it will constitute a _____________ on the pay
structure.
1 pay overlap
2 green-circle rate
3 compa-ratio
4 red-circle rate
QUESTION 3
If Naledi is appointed and the pay rate as identified in question 2 is present, Abbvie Pharmaceutical
can address it in the following way:
1 Raise the range minimum value immediately.
2 Not pay below the minimum of the pay range.
3 Freeze Naledi’s salary until it falls back inside the updated range of the pharmacist
position.
4 Bring the pay rates in line with the normal pay range as soon as possible.
QUESTION 4
If Abbvie Pharmaceutical were to appoint Naledi, the remuneration objectives that they will not be
complying with are:
a Employee attraction
b Employee retention c
Fairness
d Employee motivation
The correct alternative is:
1 a, b, and c
2 b, c, and d
3 a, b, and d
4 c, d and a
QUESTION 5
Match the following business strategy in column A with the remuneration practice in column B:
Column A Column B
Business strategy Remuneration practice
I. Innovator (D) A. Remuneration mix focused on short-term
II. Defender (C) B. Incentives based on customer satisfaction
III. Cost cutter (A) C. Emphasise individual bonuses
IV. Customer focused (B) D. Market-based pay
The correct answer is:
1 I-A; II-C; III-D; IV-B
2 I-D; II-C; III-A; IV-B
$5.27
Get access to the full document:

100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached

Get to know the seller
Seller avatar
Makgaretse1987

Get to know the seller

Seller avatar
Makgaretse1987 University of South Africa (Unisa)
Follow You need to be logged in order to follow users or courses
Sold
1
Member since
7 year
Number of followers
1
Documents
1
Last sold
4 year ago

0.0

0 reviews

5
0
4
0
3
0
2
0
1
0

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions