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COMPENSATION MIDTERM EXAM | 179 QUESTIONS | WITH ACTUAL SOLUTIONS!!

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COMPENSATION MIDTERM EXAM | 179 QUESTIONS | WITH ACTUAL SOLUTIONS!!

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COMPENSATION MIDTERM EXAM |
179 QUESTIONS | WITH ACTUAL
SOLUTIONS!!




TRUE FALSE

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2 of 179

Term



All of the following are advantages of the ranking method of job
evaluation except:
-rankings are easy to defend and justify
-the evaluation process is fast
-the evaluation process is inexpensive
-the evaluation process is not complex



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a social disease relational returns



rankings are easy to defend
are common within an industry type.
and justify


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3 of 179

Term



For managers, the most important issue regarding job evaluation is
the statistical validity of job evaluation. -t/f

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FALSE knowledge




TRUE valid


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4 of 179

Term



When organization performance declines:



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performance-based pay plans is consistent with family, housing,
do not pay off and commuting allowances




Compensation objectives shape pay
develop online software
policies



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, 5 of 179

Term



The final step in designing a point plan is ___ _.



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recognition and status flatter more compressed




reliable valid and acceptance develop online software


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6 of 179

Term



All the following are true of compensable factors except:
-reinforce an organization's culture.
-support the business direction.
-are common within an industry type.
-represent the nature of work.



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consultants develop the pay
benchmark factor classes
structure

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