In Order to Control Compensation Costs,administrators of Merit Pay Programs

Multiple Choice

In order to control compensation costs,administrators of merit pay programs must closely monitor the compa-ratio and the:

A) number of pay grades in the pay structure.
B) an individual's performance ratings.
C) number of new hires in the company.
D) company's stock price in the financial year.
E) average pay of the area where the organization is functioning.