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Establishing Strategic Pay Plans
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Establishing Strategic Pay Plans
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Establishing Strategic Pay Plans
An employee compares his pay with other’s pay in company at same position is called
internal equity
external equity
collective equity
individual equity
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rikazzz
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Establishing Strategic Pay Plans
The ‘quantitative process of job evaluation’ does not include
classifying jobs
grading jobs
ranking jobs
none of above
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rikazzz
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Establishing Strategic Pay Plans
The ‘incentives’ given to employees are a part of
non direct financial payment
direct financial payments
compensation
pension benefits
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rikazzz
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Establishing Strategic Pay Plans
The ‘job grading’ is another name of
point method
job classification
alternative ranking method
aligned reward strategy
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rikazzz
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Establishing Strategic Pay Plans
The cornerstone of any executive salary is
salary
bonuses
commissions
stock options for employees
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rikazzz
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Establishing Strategic Pay Plans
The factors for determining pay rates are
direct financial payments
indirect financial payments
paid bonuses
Both A and B
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rikazzz
Comment
Establishing Strategic Pay Plans
The ‘qualitative methods of evaluation’ does not include
point method
factor comparison method
graphical evaluation
none of above
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rikazzz
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Establishing Strategic Pay Plans
The wages and salaries are included in
direct financial payments
indirect financial payments
compensations
counseling
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rikazzz
Comment
Establishing Strategic Pay Plans
A ‘quantitative technique’ in job evaluation processes is
job classification
alternative ranking method
aligned reward strategy
point method
Author:
rikazzz
Comment
Establishing Strategic Pay Plans
Fair procedures perceived for the allocation of job pay rates is included in
procedural equity
pay rate equity
primary equity
individual equity
Author:
rikazzz
Comment
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