Exam 9: Managing Compensation

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An organizational reliance on pay secrecy can serve to diminish employee concerns about the equity of their pay and its relationship to their performance.

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False

In the development of a factor comparison scale, key jobs are NOT normally ranked against which of the following factors?

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Which of the following clauses are found in some labour agreements that periodically adjust compensation rates to reflect increases in cost of living?

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Vidya works at Paymore Shoes and is paid for time she works in the store. Which of the following is she?

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Ontario Hydro is seeking a senior-level engineer too help with its operations; what is the relevant labour market to be surveyed?

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Organizations may dodge the comparable worth issue by using one job evaluation system for clerical jobs frequently held by women, and another system for other jobs.

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The Hay profile method is useful for evaluating jobs of all types and levels.

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Which three factors does the Hay profile method use for evaluating jobs?

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What is job classification often used to help determine pay for?

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The expectancy theory of motivation predicts that one's level of motivation depends on the attractiveness of the rewards sought by employees and the probability of obtaining those rewards.

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Why can red circle rates to result above the maximum for the pay range?

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Which of the following best describes the pay-for-performance?

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Real wages represent the difference between wage increases and cost-of-living increases.

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Accounting clerks, pay clerks, and junior secretaries are all classed in Grade 2 at Metroland Inc. What should apply to all these jobs?

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How far do the impacts of collective bargaining extend?

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Which of the following pay systems would an organization wishing to establish greater job-staffing flexibility most likely use?

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In developing a wage curve, what are market wage rates plotted against?

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Which of the following is NOT a potential challenge to competence-based pay?

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Tiffany works as an IT specialist at Nortel. She is compensated based on such skills as programming and service to clients. It is likely that she is paid under which of the following pay plans?

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Rewarding an employee's past performance is a goal of strategic compensation policy.

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