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Compensation Strategies and Practices
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Compensation Strategies and Practices
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Compensation Strategies and Practices
The employees to whom the overtime is not paid under the restriction of Fair Labor Standards Act are called
exempt employees
non-exempt employees
salaried exempt employees
salaried nonexempt employees
Author:
rikazzz
Comment
Compensation Strategies and Practices
The concept in which the pay for the jobs that require similar skills, abilities and knowledge without taking duties into consideration is called
pay equity
pay exemption
pay primacy
distributive pay
Author:
rikazzz
Comment
Compensation Strategies and Practices
The type of rewards employees get in the form of monetary or non-monetary benefits are classified as
extrinsic rewards
leniency rewards
primacy rewards
intrinsic rewards
Author:
rikazzz
Comment
Compensation Strategies and Practices
According to compensation programs designed for employee, the variable pay other than base pay is classified as part of
indirect compensation
recency compensation
direct compensation
primacy compensation
Author:
rikazzz
Comment
Compensation Strategies and Practices
Considering the non-exempt status of employees, the employees to whom overtime must be paid according to FLS act are classified as
salaried exempt
salaried non-exempt
hourly pay employees
clerical level employees
Author:
rikazzz
Comment
Compensation Strategies and Practices
The analysis of job such as job specification and job description leads to
job evaluation
garnishment laws
pay surveys
both A and C
Author:
rikazzz
Comment
Compensation Strategies and Practices
The outcomes of competency based pay system such as fewer bottlenecks, more workforce flexibility and increased effectiveness are classified as
quartile strategy based outcome
organization-related outcomes
employee-related outcomes
percentiles strategy outcomes
Author:
rikazzz
Comment
Compensation Strategies and Practices
The collection of data consisting compensation rates of all the workers, who perform similar jobs in other organizations are classified as
KSA survey
pay survey
job survey
skills survey
Author:
rikazzz
Comment
Compensation Strategies and Practices
The situation in organization in which differences of individual pay with different level of performance becomes small is classified as
pay compression
grade compression
equity compression
matrix compression
Author:
rikazzz
Comment
Compensation Strategies and Practices
According to total rewards approach, the variable pay of the employee is
added into base pay
subtracted from base pay
multiplied to base pay
divided to base pay
Author:
rikazzz
Comment
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