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Compensation Strategies and Practices
The benefits offered in traditional compensation approach are usually
fixed and tied to tenure
variable and tied to tenure
benchmarked to other companies
none of above
Author:
rikazzz
Comment
Compensation Strategies and Practices
The jobs in organization that require similar knowledge, abilities and skills and are performed by individuals having similar duties are classified as
benchmark job
job promotion structure
compensable evaluation
job evaluation
Author:
rikazzz
Comment
Compensation Strategies and Practices
The employee who is paid more than the specified range for the job is classified as
green circled employee
red circled employee
blue circled employee
white circled employee
Author:
rikazzz
Comment
Compensation Strategies and Practices
The situation occur when creditor wants employer to pays off the debt by deducting portion of amount from wages of employees as ordered by law court is called
distributive state laws
procedural state laws
garnishment laws
state laws
Author:
rikazzz
Comment
Compensation Strategies and Practices
The compensation quartile strategy in which employer of organization pays below than market compensations is called
forth quartile strategy
third quartile strategy
second quartile strategy
first quartile strategy
Author:
rikazzz
Comment
Compensation Strategies and Practices
In an organization, the base pay is classified as being part of
direct compensation
primacy compensation
indirect compensation
recency compensation
Author:
rikazzz
Comment
Compensation Strategies and Practices
The systematic way of determining the worth of all the jobs within any organization is called
compensable evaluation
job evaluation
benchmark job
job promotion structure
Author:
rikazzz
Comment
Compensation Strategies and Practices
The key issues related to internal equity are
distributive justice
procedural justice
primacy justice
both A and B
Author:
rikazzz
Comment
Compensation Strategies and Practices
According to traditional compensation approach, the perks and bonuses are
for CEO only
for all employees
for executive only
not for executives
Author:
rikazzz
Comment
Compensation Strategies and Practices
The compensation given with the base pay linked to individual team or organizational performance is classified as
variable pay
salaries
base pay
wages
Author:
rikazzz
Comment
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