Question 1

What does it mean to fit or tailor the pay structure to be internally aligned?

Accepted Answer

The answer of What does it mean to fit or...

Question 2

When are pay procedures more likely to be perceived as fair?

Accepted Answer

The answer of When are pay procedures more likely to...

Question 3

Research suggests that pay procedures are more likely to be perceived as fair if:

Accepted Answer

A) the data used are unverified 
B) they are applied selectively to a few employees 
C) employees participate in the process 
D) there are no appeals procedures 
E) employees' wages are very low

Question 4

refers to the fairness of a process by which a decision is reached.

Accepted Answer

A) Marginal productivity 
B) Tailored structure 
C) Procedural justice 
D) Distributive justice 
E) Employee redressal

Question 5

A major influence on internal structures, the education, experience, knowledge, abilities, and skills that people possess is referred to as:

Accepted Answer

A) labour intensity 
B) capital goods 
C) cultural diversity 
D) capital formation 
E) human capital

Question 6

reflects the worth of goods or services an employee produces in a job.

Accepted Answer

A) Workflow value 
B) Marginal value 
C) Use value 
D) Differential value 
E) Exchange value

Question 7

_______fairness, and legal compliance are the 3 consequences of an internally aligned pay structure.

Accepted Answer

A) Culture 
B) Economic pressures 
C) Organization factors 
D) Efficiency 
E) Human capital

Question 8

What results can an organization expect if they do not utilize an acceptable wage structure?

Accepted Answer

The answer of What results can an organization expect if...

Question 9

Institutional theory predicts that very few firms are "first movers." Instead they copy innovative practices after innovators have learned how to make the practices work.

Accepted Answer

A) True 
 B)False

Question 10

Aligning the pay structures to fit the organization and the surrounding conditions will seldom lead to competitive advantage for the organization.

Accepted Answer

A) True 
 B)False

Question 11

Bring out the difference between procedural justice and distributive justice.

Accepted Answer

The answer of Bring out the difference between procedural justice...

Question 12

Pay for non-entry jobs is buffered from external forces and is more heavily influenced by internal factors.

Accepted Answer

A) True 
 B)False

Question 13

Internal alignment refers primarily to:

Accepted Answer

A) the pay relationships among jobs, skills, and competencies within a single organization 
B) the pay relationships in a geographic region 
C) the strategy of paying above market salaries 
D) the value of the work of one individual compared to that of another individual 
E) the pay relationships of all jobs within the same industry

Question 14

A hierarchical pay structure implies a belief that all workers should be treated equally.

Accepted Answer

A) True 
 B)False

Question 15

Research on tournament theory shows that pay differentials do not affect an employee's performance.

Accepted Answer

A) True 
 B)False

Question 16

How do internal pay structures influence employees' behaviour?

Accepted Answer

The answer of How do internal pay structures influence employees'...

Question 17

refer to the pay variances between job levels in an organization.

Accepted Answer

A) Job benchmarks 
B) Anomalies 
C) Factor levels 
D) Differentials 
E) Earmarks

Question 18

How do external stakeholders influence an internal pay structure?

Accepted Answer

The answer of How do external stakeholders influence an internal...

Question 19

The equity theory could support either egalitarian or hierarchical structures.

Accepted Answer

A) True 
 B)False

Question 20

Marginal productivity theory states that:

Accepted Answer

A) people cognitively evaluate potential behaviours in relation to rewards offered in exchange. 
B) an employee can produce anything of value if the profit margin of a product or service is large enough for the employer to reap. 
C) unless an employee can produce something of value from his/her job equal to the value received in wages, it will not be worthwhile for an employer to hire that employee. 
D) both employees and management will act opportunistically to obtain the most favourable exchange possible. 
E) people are concerned about fairness of the reward outcomes exchanged for employee inputs.

Exam 3: Defining Internal Alignment

What does it mean to fit or tailor the pay structure to be internally aligned?

When are pay procedures more likely to be perceived as fair?

Research suggests that pay procedures are more likely to be perceived as fair if:

refers to the fairness of a process by which a decision is reached.

A major influence on internal structures, the education, experience, knowledge, abilities, and skills that people possess is referred to as:

reflects the worth of goods or services an employee produces in a job.

_______fairness, and legal compliance are the 3 consequences of an internally aligned pay structure.

What results can an organization expect if they do not utilize an acceptable wage structure?

Institutional theory predicts that very few firms are "first movers." Instead they copy innovative practices after innovators have learned how to make the practices work.

Aligning the pay structures to fit the organization and the surrounding conditions will seldom lead to competitive advantage for the organization.

Bring out the difference between procedural justice and distributive justice.

Pay for non-entry jobs is buffered from external forces and is more heavily influenced by internal factors.

Internal alignment refers primarily to:

A hierarchical pay structure implies a belief that all workers should be treated equally.

Research on tournament theory shows that pay differentials do not affect an employee's performance.

How do internal pay structures influence employees' behaviour?

refer to the pay variances between job levels in an organization.

How do external stakeholders influence an internal pay structure?

The equity theory could support either egalitarian or hierarchical structures.

Marginal productivity theory states that: