Exam 10: Developing an Approach to Total Compensation

In the chapter opening vignette "Managing Human Resources at Synapse Group Inc.", the company has chosen a ____________ policy as its organization pay policy.

How can an employer be sure that its employees are being paid at market level?

In terms of pay mix, high-level executives tend to have proportionately more of their total compensation in _____ than do lower levels of employees.

Molly works as a market researcher for a manufacturer of baby products. She develops surveys, conducts personal interviews, and tabulates data. Bob is a customer service representative. He spends his days handling customer complaints and writing up the problems and how he solved them. He earns $.50 more per hour than Molly does. On the basis of the _____, Molly believes that she should be paid the same amount as Bob.

Total compensation can facilitate the organization's achievement of several strategic objectives. These include:

To establish a prima facie case of wage discrimination under the Equal Pay Act, _____.

In a job-based pay system,

Simon works for a furniture manufacturer. Since he is not eligible to receive overtime pay, you could assume that Simon:

Employees who perceive their compensation to be lower than that earned by people in similar positions are most likely to:

__________________________ includes direct payments such as salary, wages, and bonuses, and indirect payments such as payments to cover benefits and services.