A is it aligned b does it comply with legal

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(a) Is it aligned? (b) Does it comply with legal requirements? (c) Does it differentiate? (d) How is it managed? (e) Does it add value? The correct alternative is 1 a, c and e 2 b, c and d 3 a, b and c 4 a, d and e 5 b, c and e
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MNH306-K/101 21 7 Which of the following are components of a total compensation system? (a) salary (b) work environment (c) qualifications (d) experience (e) work load The correct alternative is 1 a and b 2 a and c 3 a, b and c 4 b, c and d 5 a, b and e 8 A compensation philosophy: (a) is a guide to management and employees (b) serves as a stabilising factor during negotiations (c) provides detailed compensation policies, procedures and guidelines (d) ensures that new compensation policies are in line with organisational culture (e) helps managers to base compensation decisions on policies and procedures The correct alternative is 1 a, b, c 2 a, b, d 3 b, c, d 4 b, d, e 5 c, d, e 9 Which of the following should be investigated when a total compensation strategy is designed for a small organisation? (a) Customer needs (b) Availability of skills (c) Flexible employment options (d) Competitors’ business strategies (e) Laws regarding minimum wages The correct alternative is 1 a, b, d 2 a, c, e 3 b, c, d, e 4 a, c, d, e 5 a, b, c, d, e
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22 10 The compensation strategy consists of the following dimensions: (a) Internal alignment (b) System objectives (c) Employee contributions (d) External competitiveness (e) Management of the system The correct alternative is 1 a, b, d 2 a, c, e 3 b, c, d, e 4 a, c, d, e 5 a, b, c, d, e 11 Internal alignment means comparing salaries among ___________________. 1 similar jobs in the same organisation. 2 similar jobs in different organisations. 3 different jobs in different organisations. 4 different jobs in the same organisation. 5 different organisations in the same industry. 12 Nonhlanhla is a receptionist at an engineering firm. She earns R 5000.00 per month while the youngest engineer who has just started working earns R 10 000.00 per month. The requirements for the receptionist position are matric and 3 years experience, while the requirements for the engineering position are a Masters degree in engineering. The difference in pay can be attributed to the following: 1 racism 2 sexism 3 work content 4 different skill requirements 5 differences in the worth of the work 13 The Employment Equity Act forbids discrimination in the workplace based on gender and race, among other stipulations. This is an example of how ________________________ influence internal compensation structures. 1 stakeholders 2 union pressures 3 economic pressures 4 cultures and customs 5 government policies, laws and regulations
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MNH306-K/101 23 14 Employees perceive pay procedures as fair if _______________________. (a) they are internally aligned (b) they participate in the process (c) they are externally competitive (d) procedures are consistently applied (e) appeals procedures are included The correct alternative is: 1 a, b 2 a, c 3 a, c, d 4 b, d, e 5 a, d, e 15 An internally aligned compensation structure can lead to the following: (a) Perceived fairness by employees.
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