Chat with AIExam 18: Management: Making It Work
If financially troubled employers have not been able to maintain competitive market positions,the conventional response has been to _____.
(34) 
VerifiedD
What are red circle rates?
(37) VerifiedIf employees are paid above the range maximum,these rates are called red circle rates.Most employers "freeze" red circle rates until the ranges are shifted upward by market update adjustments so that the rate is back within the range again.If red circle rates become common throughout an organization,then the design of the ranges and the evaluation of the jobs should be reexamined.
What are the potential problems associated with headcount reductions?
(39) VerifiedSeveral potential problems can occur with headcount reductions.First,regulatory requirements make it difficult to make targeted cuts.Second,workforce reductions,especially if not handled well,can harm employee relations.Third,organizations that make greater (involuntary)workforce reductions also experience greater voluntary turnover.Fourth,RIFs,while reducing costs over time,are very costly in tangible terms up front due to increases in unemployment insurance tax rates,disruption of work processes and serving customers,and administrative costs of handling exits.Fifth,some companies have learned to run so "lean",and have controlled hiring so successfully,that there may be little room to cut headcount.Finally,where cuts can be made,if the cuts are too deep,an organization will be poorly positioned to generate revenue if business picks up again.
For the compensation system,the basic question to ask is _____
(33) Changes in the CPI only indicate whether prices have increased more or less rapidly in an area since the base period.
(28) All of the following statements about commercial compensation software are true except _____.
(40) The percentage increase that is planned for an organizational unit or company is called _____.
(31) According to two surveys,approximately ___ percent of employees either don't understand the link between their performance and pay or how their pay ranges functioned.
(32) Many employers achieve flexibility and control employment costs by utilizing contingent workers rather than expanding and contracting the core workforce.
(38) Broad bands provide managers greater discretion in pay for their subordinates than in grades and ranges.
(29) If Philadelphia has a CPI of 165 and Houston has a CPI of 145,this means _____.
(35) Approximately _____ of 600 surveyed companies calculate the cost and value added of their pay programs.
(31) The denominator for calculating the current year's rise is _____.
(43) Rather than define employment as hours of work,number of employees is often used.
(32) 
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