Exam 9: Managing Compensation

In geography, the water catchment area or watershed refers to the area that channels or supplies a specific area with its water. Catchment areas divide drainage basins. In wage surveys, what is this catchment area similar to?

(Multiple Choice)

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Question 81

Pay equity is covered only under federal jurisdiction.

(True/False)

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Question 82

A point manual can be used to determine the external equity of a job.

(True/False)

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Question 83

According to your text, which of the following is the predominant approach to employee compensation?

(Multiple Choice)

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Question 84

Which of the following is NOT an outcome of wage-rate compression?

(Multiple Choice)

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Question 85

When employees are paid according to the skills and knowledge they have rather than the specific jobs they perform, they are paid according to competence-based compensation.

(True/False)

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Question 86

Granting wage increases solely on the basis of the CPI helps compress pay rates within a pay structure, thereby ensuring equity among those who receive the wage increase.

(True/False)

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Question 87

Broadbanding refers to collapsing many traditional salary grades into a few wide salary bands.

(True/False)

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Question 88

Indirect compensation includes bonuses and commissions.

(True/False)

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Question 89

Which of the following terms refers to paying wages that are relatively equal to the value of the work being performed?

(Multiple Choice)

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Question 90

Internal factors that influence wage rates include the worth of a job, and the employer's ability to pay.

(True/False)

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Question 91

One's level of motivation depends on the attractiveness of the rewards sought. Which of the following refers to the probability of obtaining those rewards?

(Multiple Choice)

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Question 92

A wage curve represents the relationship between the relative worth of jobs and their wage rates.

(True/False)

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Question 93

Which of the following is NOT a common goal of compensation policy?

(Multiple Choice)

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Question 94

Briefly explain the different job evaluation systems.

(Essay)

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Question 95

Competence-based pay systems compensate employees for the different skills or knowledge they possess rather than for the job they hold in a designated job category.

(True/False)

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Question 96

Crystal Ball Inc. is a large information technology firm with many levels of management. The company would like to compensate its managers on factors such as knowledge and accountability. Which of the following systems would you recommend?

(Multiple Choice)

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Question 97

Compensable factors include skills, effort, responsibilities, and working conditions.

(True/False)

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Question 98

Expectancy theory predicts that people expect to be paid as much or more than individuals in a similar job class.

(True/False)

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Question 99

An advantage of published wage surveys is compatibility with the organization's jobs.

(True/False)

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Question 100

Showing 81 - 100 of 106

In geography, the water catchment area or watershed refers to the area that channels or supplies a specific area with its water. Catchment areas divide drainage basins. In wage surveys, what is this catchment area similar to?

Pay equity is covered only under federal jurisdiction.

A point manual can be used to determine the external equity of a job.

According to your text, which of the following is the predominant approach to employee compensation?

Which of the following is NOT an outcome of wage-rate compression?

When employees are paid according to the skills and knowledge they have rather than the specific jobs they perform, they are paid according to competence-based compensation.

Granting wage increases solely on the basis of the CPI helps compress pay rates within a pay structure, thereby ensuring equity among those who receive the wage increase.

Broadbanding refers to collapsing many traditional salary grades into a few wide salary bands.

Indirect compensation includes bonuses and commissions.

Which of the following terms refers to paying wages that are relatively equal to the value of the work being performed?

Internal factors that influence wage rates include the worth of a job, and the employer's ability to pay.

One's level of motivation depends on the attractiveness of the rewards sought. Which of the following refers to the probability of obtaining those rewards?

A wage curve represents the relationship between the relative worth of jobs and their wage rates.

Which of the following is NOT a common goal of compensation policy?

Briefly explain the different job evaluation systems.

Competence-based pay systems compensate employees for the different skills or knowledge they possess rather than for the job they hold in a designated job category.

Crystal Ball Inc. is a large information technology firm with many levels of management. The company would like to compensate its managers on factors such as knowledge and accountability. Which of the following systems would you recommend?

Compensable factors include skills, effort, responsibilities, and working conditions.

Expectancy theory predicts that people expect to be paid as much or more than individuals in a similar job class.

An advantage of published wage surveys is compatibility with the organization's jobs.

The World of Human Resources Management

Strategy and Human Resources Planning

Equity and Diversity in Human Resources Management

Job Analysis, Employee Involvement, and Flexible Work Schedules

Expanding the Talent Pool: Recruitment and Careers

Employee Selection

Training and Development

Appraising and Improving Performance

Pay For Performance: Incentive Rewards

Employee Benefits

Safety and Health

Employee Rights and Discipline

The Dynamics of Labour Relations

International Human Resources Management

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