Reference no: EM13264137
1. _____ includes employee recognition programs, rewarding jobs, organizational support,
work environment, and flexible work hours to accommodate personal needs.
A) Financial compensation
B) Non-financial compensation
C) Direct compensation
D) Indirect compensation
2. Jobs that are grouped into the same pay grade should:
A) all receive the same wage rate in order to achieve equality.
B) be paid within a range that does not overlap with bordering job grades so that distinctions between grades are maintained.
C) be paid within a range that may overlap with adjoining grades, so that an employee with experience can be paid as much as or more than a newer employee in a higher grade.
D) be paid at different wage rates because the worth of these jobs to the organization may differ.
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Competitor analysis
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In reorder point system
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Under the fair labor standards act
: Under the Fair Labor Standards Act, exempt employees: The point system of job evaluation permits jobs to be evaluated quantitatively based on compensable factors.
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Fair labor standards act has four major provisions
: The Fair Labor Standards Act has four major provisions. The provisions are concerned with minimum wage rates, overtime payments, equal rights, and child labor.
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Jobs that are grouped into the same pay grade should
: includes employee recognition programs, rewarding jobs, organizational support. Jobs that are grouped into the same pay grade should:
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Profit sharing refers to procedure by which employer pays
: Studies have shown that variable pay plans may not achieve their proposed objectives or lead to organizational improvements due to each of the following, EXCEPT: Profit sharing refers to any procedure by which an employer pays employees:
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Competence-based compensation
: When employees are paid according to the skills and knowledge they have rather than the specific jobs they perform, they are paid according to competence-based compensation. Because of its focus, the Hay profile method is most useful for evaluating w..
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When communicating benefits programs to employees
: When communicating benefits programs to employees:
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An analysis of executive salaries
: An analysis of executive salaries shows that the largest portion of executive pay is received in long-term incentive rewards and bonuses.
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