Multiple Choice
What critical assumption underpins labour market compensation surveys that may serve to illustrate the need for pay equity legislation?
A) Usage of compensation surveys assumes that the market values jobs in a fair manner.
B) The market demand and supply of labour tends to operate at an equilibrium in the short term.
C) Calibration of the pay system will insure a near-perfect labour price.
D) Targeting a compa-ratio of 1 eliminates the need for pay equity legislation.
Correct Answer:
Verified
Correct Answer:
Verified
Q35: In conducting a compensation survey,the first step
Q36: Which condition tends to explain why jobs
Q37: In order to calibrate a compensation system,a
Q38: Which statement best describes the compa-ratio?<br>A) It
Q39: Which of the following is generally NOT
Q40: What are three of the main "third-party"
Q41: Which of the following best explains why
Q42: Compensation surveys reflect the value placed on
Q43: Informal surveys have poor reliability and validity.
Q44: Discuss some of the advantages and disadvantages