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HR CHAP7 - Which type of incentive plan rewards team...

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Which type of incentive plan rewards team members when agreed-upon performance standards are met or exceeded?Select one:a. gain sharing planb. profit sharing planc. employee stock ownership pland. group-based incentive planFeedbackThe correct answer is: group-based incentive plan
Question2Not answeredMarked out of 1.00Flag questionQuestion textWhen conducting a wage and salary survey, what is important for theemployer to survey?Select one:
Question3Not answeredMarked out of 1.00Flag questionQuestion textWhich system of job evaluation is being used when jobs are classifiedaccording to a series of predetermined pay grades?Select one:
Question4Not answeredMarked out of 1.00Flag question
Question textHow can the relationship between the relative worth of jobs and theirpay rates be represented?Select one:
Question5Not answeredMarked out of 1.00Flag questionQuestion textWhat is known as a quantitative job evaluation procedure thatdetermines a job’s relative value on the basis of quantitativeassessments of specific job elements?Select one:a. the point systemb. the job ranking systemc. the job grade systemd. the factor comparison systemFeedbackThe correct answer is: the point system
Question6Not answeredMarked out of 1.00Flag questionQuestion textWhich of the following is an internal factor that can influence thewage mix?Select one:
Question7Not answered
Marked out of 1.00Flag questionQuestion textWhat is considered to be a common goal of compensation policies?Select one:
Question8Not answeredMarked out of 1.00Flag questionQuestion textWhat will most likely result from determining wage increases solely

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Term
Fall
Professor
cathy
Tags
Correct Answer, Employment compensation, c

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