Exam 13: Activating and Maintaining an Effective Compensation System

In evaluating a new compensation system, two main sets of employee attitudes should be examined-job attitudes and compensation attitudes.

As a result of focusing your recruitment efforts on attracting recent university graduates, your workforce has become younger. What impact does this change have on your compensation system?

Which of the following is NOT an indicator of membership behaviour?

Which of the following is NOT a key aspect of developing the implementation plan?

Which of the following situations may account for higher-than-budgeted compensation expenditures?

Which of the following factors is NOT normally a consideration when organizations make the decision to outsource human resource functions?

Of all the human resource functions, payroll activities were one of the first functions to be computerized in medium and large organizations in Canada.

Identify and describe the steps necessary for implementing a compensation system.

What are the primary areas for computer applications in a compensation system?

Often, organizations will contract out a portion of their benefits administration to "product providers."

Why is a bottom-up approach for compensation budgeting favoured by the textbook author?

In regard to compensation communication, which of the following is NOT true?

Why is it useful to conduct surveys of key employee attitudes before system implementation?

What main indicators should firms examine in the process of examining compensation costs?

Your organization launches a new compensation system. Within six months, compensation costs are below budget. Which of the following variables would you NOT look at as a viable explanation for this surplus?

Two aspects of compensation system documentation include the compensation system itself and a process to document assignment of specific tasks.

Identify the four key aspects that need to be considered in planning the infrastructure for compensation administration.

According to a recent survey of HR professionals, what is the predominant use of human resources management systems?

When evaluating a new compensation system, you notice that the compensation cost ratio increased, while total compensation or average earnings remained static. Which of the following is a likely explanation?

Discuss the advantages and disadvantages of outsourcing compensation administration, as well as the factors involved in deciding outsourcing policy.