Exam 11: Establishing a Pay Structure

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Reducing the number of levels in an organization's job structure is known as:

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The National Compensation Survey is an ongoing activity of the:

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An organization's job structure and pay levels:

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Which of the following is true of pay ranges?

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Define job structure,pay level,and pay structure.

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Military pay often exceeds what service members would earn in their civilian jobs.

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A compa-ratio of 1 suggests that actual pay is not consistent with the pay policy.

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Research suggests that employees in the lower tier of the pay structure are less satisfied than the top-tier employees.

(True/False)
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In a two-tier wage system,employees doing the same job are paid two different rates,depending on their technical background and training.

(True/False)
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Broad bands increase the opportunities for promoting employees.

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_____ is an administrative procedure for measuring the relative worth of an organization's jobs.

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What is the advantage of two-tier wage systems?

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Pay grades allow rates of pay for individual jobs to be more precisely matched to market rates and the organization's job structure.

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Which of the following is true about skill-based pay?

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Which of the following is a disadvantage of broad bands?

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The most common approach to pay differentials is to move an employee lower in the pay structure to compensate for increasing costs.

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An employee who earns a base rate of $10 an hour and receives a weekly attendance award of $20 works 50 hours this week (Overtime pay is required,whether or not the employer specifically asked or expected the employee to work more than 40 hours).His/her total compensation for the week will be:

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_____ are sets of jobs having similar worth or content,grouped together to establish rates of pay.

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The Fair Labor Standards Act (FLSA)includes provisions for:

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A graphed line showing the mathematical relationship between job evaluation points and pay rate is termed as a(n):

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