C236 Compensation and Benefits Exam Questions With 100% Correct Answers

C236 Compensation and Benefits Exam Questions With 100% Correct Answers job and pay form-specific reward strategies allows for: - answermaximum customization as the organization positions its pay relative to the market differently for different jobs and pay forms a total rewards system should consider how to ______ and _____ quality and rewarding management-employee relationships at work - answerbuild/nurture many organizations pair a commission-based system with some other form of base pay (such as- salary) to more evenly distribute risk - answertrue t or f: designing a reward system requires careful consideration of the consequences that follow performance-related behavior at work - answertrue provisions of the FLSA apply to certain employees but not to: - answerexempt employees as a general rule, base pay strategies rarely lead the market by more than ____________ - answer10% pay should be equal for which of the following - answergender, age, ethnicity within the role and control strategy, an organization can choose to do which of the following? - answercentralized approach decentralized approach COLA stands for - answerCost of Living Adjustments dispersion tells us that whatever number we use to represent the central tendency of the data, that number is less accurate indicator of the data as the dispersion increases - answertrue the benefits of incorporating individual-based pay into total rewards system include all except - answerallows the organization to build human capital t or f: the goal of these systems is to align both the incentives for employees and the variable labor costs with the interests of the organization - answertrue how do you measure disperion - answerrange and standard deviation