Question 1

What is the significance of internal labor markets in an organization?

Accepted Answer

Internal labor markets combine both external and organizational factors.Internal labor markets refer to the rules and procedures that (1)determine the pay for the different jobs within a single organization and (2)allocate employees among those different jobs.

Question 2

Unions prefer which of the following?

Accepted Answer

A)  Small pay differences between jobs and seniority-based promotions 
B)  Large pay differences between jobs and seniority-based promotions 
C)  Small pay differences between jobs and performance-based promotions 
D)  Equal pay raises for employees 
A)  Small pay differences between jobs and seniority-based promotions 
B)  Large pay differences between jobs and seniority-based promotions 
C)  Small pay differences between jobs and performance-based promotions 
D)  Equal pay raises for employees A

Question 3

Job structures based on relative contribution may include market rates.

Accepted Answer

A) True 
 B)False  True

Question 4

Egalitarian pay structures are built using person-based criteria.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following is an not intention of differentials?

Accepted Answer

A)  Motivating people to strive for promotion to a higher-paying level 
B)  Motivating workers to seek additional training 
C)  Influencing rate of turnover 
D)  Motivating worker by productivity incentives 
A)  Motivating people to strive for promotion to a higher-paying level 
B)  Motivating workers to seek additional training 
C)  Influencing rate of turnover 
D)  Motivating worker by productivity incentives

Question 6

Pay structure refers to the array of pay rates for different work or skills between competing companies.

Accepted Answer

A) True 
 B)False

Question 7

Teachers whose pay is relatively low in their pay structure will feel their pay structure is fair if they work in a high-paying district.

Accepted Answer

A) True 
 B)False

Question 8

Organization factors that shape internal pay structures include all but _____.

Accepted Answer

A)  strategy 
B)  human capital 
C)  culture and customs 
D)  employee acceptance 
A)  strategy 
B)  human capital 
C)  culture and customs 
D)  employee acceptance

Question 9

In the strategic approach to pay,internal alignment is the _____ issue to be decided.

Accepted Answer

A)  first 
B)  second 
C)  third 
D)  fourth 
A)  first 
B)  second 
C)  third 
D)  fourth

Question 10

Which of the following is not part of the description of a pay structure?

Accepted Answer

A)  Pay differentials 
B)  Criteria determining pay differences 
C)  Performance pay 
D)  Number of levels 
A)  Pay differentials 
B)  Criteria determining pay differences 
C)  Performance pay 
D)  Number of levels

Question 11

Which of the following is not a comparison employees use to judge the fairness of their organization's pay structure?

Accepted Answer

A)  Comparing jobs similar to their own 
B)  Comparing their pay to external pay levels 
C)  Comparing their pay raises to others in their organization 
D)  Comparing their job's pay to other jobs in their organization 
A)  Comparing jobs similar to their own 
B)  Comparing their pay to external pay levels 
C)  Comparing their pay raises to others in their organization 
D)  Comparing their job's pay to other jobs in their organization

Question 12

What are the advantages of an egalitarian structure over a hierarchical structure?

Accepted Answer

The advantages of an egalitarian structu

Question 13

Organization factors that shape internal pay structures include all but _____.

Accepted Answer

A)  technology 
B)  cost implications 
C)  HR policy 
D)  economic pressures 
A)  technology 
B)  cost implications 
C)  HR policy 
D)  economic pressures

Question 14

A well-designed pay structure is the major factor affecting an organization's external competitiveness.

Accepted Answer

A) True 
 B)False

Question 15

Many levels is to opportunities for promotion as fewer levels is to ___________

Accepted Answer

A)  competition. 
B)  teams. 
C)  cooperation. 
D)  loose fit. 
A)  competition. 
B)  teams. 
C)  cooperation. 
D)  loose fit.

Question 16

Exchange value is always higher than use value.

Accepted Answer

A) True 
 B)False

Question 17

The institutional model _____.

Accepted Answer

A)  is adopted by high performing, innovative organization 
B)  refers to firms that copy innovative practices adopted by other organizations 
C)  is another name for the bureaucratic model 
D)  is a hybrid of the hierarchical and egalitarian model 
A)  is adopted by high performing, innovative organization 
B)  refers to firms that copy innovative practices adopted by other organizations 
C)  is another name for the bureaucratic model 
D)  is a hybrid of the hierarchical and egalitarian model

Question 18

A job-based structure focuses on the skills,knowledge and competencies employees possess.

Accepted Answer

A) True 
 B)False

Question 19

The number of job and pay levels in an organization is an example of _____.

Accepted Answer

A)  organization strategy 
B)  human capital 
C)  human resource policies 
D)  work design 
A)  organization strategy 
B)  human capital 
C)  human resource policies 
D)  work design

Question 20

The effect of "living wage" laws is ____pay structures.____

Accepted Answer

A)  more person-based 
B)  flatter more compressed 
C)  taller more compressed 
D)  more job-based 
A)  more person-based 
B)  flatter more compressed 
C)  taller more compressed 
D)  more job-based

What is the significance of internal labor markets in an organization?

Unions prefer which of the following?

Job structures based on relative contribution may include market rates.

Egalitarian pay structures are built using person-based criteria.

Which of the following is an not intention of differentials?

Pay structure refers to the array of pay rates for different work or skills between competing companies.

Teachers whose pay is relatively low in their pay structure will feel their pay structure is fair if they work in a high-paying district.

Organization factors that shape internal pay structures include all but _____.

In the strategic approach to pay,internal alignment is the _____ issue to be decided.

Which of the following is not part of the description of a pay structure?

Which of the following is not a comparison employees use to judge the fairness of their organization's pay structure?

What are the advantages of an egalitarian structure over a hierarchical structure?

Organization factors that shape internal pay structures include all but _____.

A well-designed pay structure is the major factor affecting an organization's external competitiveness.

Many levels is to opportunities for promotion as fewer levels is to ___________

Exchange value is always higher than use value.

The institutional model _____.

A job-based structure focuses on the skills,knowledge and competencies employees possess.

The number of job and pay levels in an organization is an example of _____.

The effect of "living wage" laws is pay structures.

The Pay Model

Strategy: The Totality of Decisions

Job Analysis

Job-Based Structures and Job Evaluation

Person-Based Structures

Defining Competitiveness

Designing Pay Levels, mix, and Pay Structures

Pay-For-Performance: the Evidence

Pay-For-Performance Plans

Performance Appraisals

The Benefit Determination Process

Benefit Options

Compensation of Special Groups

Union Role in Wage and Salary Administration

International Pay Systems

Government and Legal Issues in Compensation

Management: Making It Work

Filters

Exam 3: Defining Internal Alignment

What is the significance of internal labor markets in an organization?

Unions prefer which of the following?

Job structures based on relative contribution may include market rates.

Egalitarian pay structures are built using person-based criteria.

Which of the following is an not intention of differentials?

Pay structure refers to the array of pay rates for different work or skills between competing companies.

Teachers whose pay is relatively low in their pay structure will feel their pay structure is fair if they work in a high-paying district.

Organization factors that shape internal pay structures include all but _____.

In the strategic approach to pay,internal alignment is the _____ issue to be decided.

Which of the following is not part of the description of a pay structure?

Which of the following is not a comparison employees use to judge the fairness of their organization's pay structure?

What are the advantages of an egalitarian structure over a hierarchical structure?

Organization factors that shape internal pay structures include all but _____.

A well-designed pay structure is the major factor affecting an organization's external competitiveness.

Many levels is to opportunities for promotion as fewer levels is to ___________

Exchange value is always higher than use value.

The institutional model _____.

A job-based structure focuses on the skills,knowledge and competencies employees possess.

The number of job and pay levels in an organization is an example of _____.

The effect of "living wage" laws is ____pay structures.____

The Pay Model

Strategy: The Totality of Decisions

Job Analysis

Job-Based Structures and Job Evaluation

Person-Based Structures

Defining Competitiveness

Designing Pay Levels, mix, and Pay Structures

Pay-For-Performance: the Evidence

Pay-For-Performance Plans

Performance Appraisals

The Benefit Determination Process

Benefit Options

Compensation of Special Groups

Union Role in Wage and Salary Administration

International Pay Systems

Government and Legal Issues in Compensation

Management: Making It Work

Filters

The effect of "living wage" laws is pay structures.