Explain how compensation information is tracked, Operation Management

Assignment Help:

1) An organization following a differentiation strategy would most likely offer a compensation mix which was made up of:

a. performance bonus.

b. comprehensive benefits.

c. annual salary.

d. b and c are correct.

e. All of the above.

2) When determining how to set their level of wages, an organiztaion should consider:

a. laggin the market will lead to increased pay satisfaction.

b. paying at market will decrease the number of applicants.

c. paying at market will help control labor expenses.

d. leading the market will create turnover.

e. leading the market will not attract more or better applicants.

3) Technology has impacted compensation practices in all of the following ways EXCEPT:

a. how salary survey data is collected.

b. how to determine compensable time for employees who telecommute.

c. how expatriate pay rates are determined.

d. how compensation information is tracked.

e. how wage information is shared with employees.

4) To aid in determining what is compensable work time:

a. managers need to verify the accuracy of time records submitted.

b. consistently enforce a compensable time policy and discipline as appropriate.

c. clear polices should be in place explaining what is considered compensable time.

d. a and b are correct.

e. All of the above.

5) When jobs in an organization are valued against each other rather than against some external standard of what is typically a "male" or "female" job, this is known as:

a. minimum wage.

b. internal equity.

c. living wage.

d. external equity.

e. comparable worth


Related Discussions:- Explain how compensation information is tracked

Describe what will be the maximum inventory level, ABC Co manufactures a su...

ABC Co manufactures a subcomponent at the rate of 400 per day when required. Its annual demand for this item is 50000 unites. Assume 250 working days per year. Holding cost is $10

Explain development of organizational policies, In what way does a person's...

In what way does a person's value system impact the development of organizational policies? Please limit your answer in just in four paragraphs.

Explain this in relevance to uncertain events, Imagine the difficulties of ...

Imagine the difficulties of an employer whose decision context is choosing a new employee from a set of applicants whom he will interview. What do you think the employer's objectiv

Explain if you agree abandoned the property, As an appellate judge, you hav...

As an appellate judge, you have been assigned the following court case. When Gayle Benz left her husband, Jeffrey, she left personal property valued at $10,000 at their residence.

Solve the problem requires an excel solution, The problem requires an excel...

The problem requires an excel solution and an algebraic solution with variables: During the month of July, Pittsburgh resident Bill Fly must make four round trip flights between Pi

Explain the expected rate of return, Debt: Jones Industries borrows $6...

Debt: Jones Industries borrows $600,000 for 10 years with an annual payment of $100,000. What is the expected interest rate (cost of debt)? Internal common stock:

Difference between classical and neo-classicaal theory, Explain d ifferenc...

Explain d ifference between Classical Theory and Neo-Classical Theory of Organisation. Difference between Classical Theory and Neo-Classical Theory of Organisation : The c

Computer aided design., Computer Aided Design is one of the techniques used...

Computer Aided Design is one of the techniques used by Regal Marine in manufacturing of boats. With the aid of exapmles, critically discuss five (5) techniques that are important t

Describe concept of the internal customer, Discuss the concept of the inter...

Discuss the concept of the internal customer. Who are purchasing's internal customers?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd