Exam 3: Defining Internal Alignment
Exam 1: The Pay Model49 Questions
Exam 2: Strategy: the Totality of Decisions49 Questions
Exam 3: Defining Internal Alignment56 Questions
Exam 4: Job Analysis48 Questions
Exam 5: Job-Based Structures and Job Evaluation53 Questions
Exam 6: Person-Based Pay Structures50 Questions
Exam 7: Defining Competitiveness50 Questions
Exam 8: Designing Pay Levels, Pay Mix, and Pay Structures50 Questions
Exam 9: Employee Benefits50 Questions
Exam 10: Pay for Performance: Performance Appraisal and Plan Design51 Questions
Exam 11: Pay-For-Performance Plans47 Questions
Exam 12: The Role of Governments and Unions in Compensation50 Questions
Exam 13: Compensation Budgets and Administration49 Questions
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A hierarchical pay structure seeks to encourage teamwork by minimizing pay differentials among employees.
(True/False)
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Equal treatment of employees can result in more knowledgeable employees with more responsible jobs going unrecognized and unrewarded.
(True/False)
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In the context of the criteria used to determine the levels of work and pay differentials, value refers to the work performed in a job and how it gets done.
(True/False)
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In the context of internal labour markets, pay for non-entry jobs is heavily influenced by:
(Multiple Choice)
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For an organization that is performing worse than its competitors, what may be an outcome of using the Institutional Theory?
(Essay)
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Aligning the pay structures to fit the organization and the surrounding conditions will seldom lead to competitive advantage for the organization.
(True/False)
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An internal pay structure is defined by the number of levels of work, the pay differentials between the levels, and the criteria used to determine those levels and differentials.
(True/False)
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What does it mean to fit or tailor the pay structure to be internally aligned?
(Essay)
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Setting greater pay differentials at the top of the pay structure is based on:
(Multiple Choice)
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Which of the following is a consequence of an internally aligned pay structure?
(Multiple Choice)
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is the shared norms and values that a group of people share in common
(Multiple Choice)
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Unions, stockholders, and even political groups have a stake in establishing internal pay structures.
(True/False)
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According to tournament theory, the greater the pay differential between an employee's present salary and his or her boss's salary, the harder the employee will work.
(True/False)
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A job-based structure looks at the skills, knowledge, or competencies the employee possesses.
(True/False)
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fairness, and legal compliance are the 3 consequences of an internally aligned pay structure.
(Multiple Choice)
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Research on tournament theory shows that pay differentials do not affect an employee's performance.
(True/False)
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The array of pay rates for different work or skills within a single organization is referred to as _.
(Multiple Choice)
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