The pay differences among different levels pay

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the pay differences among different levels (pay differentials) (c) the pay differences among different jobs (pay differentials) (d) the criteria used to determine the levels and differentials The correct alternative is 1 a and c 2 b and d 3 a, c and d 4 a, b and d 5 a, b c and d The correct alternative is option 4. Refer to “Structures vary among organisations” in the prescribed book. An internal pay structure may be defined by the number of levels of work
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6 MNH306-K/201 the pay differentials between the levels the criteria used to determine those levels and differentials 9 Job evaluation is defined as the process of systematically 1 analysing the content of a job. 2 determining the relative worth of a job. 3 creating a job description for a job. 4 analysing the work performance of a job holder. 5 determining the pay increases for a job. The correct alternative is option 2. See “Job-based structures: Job evaluation” in the prescribed book. Job evaluation is the process of systematically determining the relative worth of jobs to create a job structure for the organisation. 10 Job evaluation is based on the following: (a) job content (b) knowledge required (c) the external market (d) value to the organisation (e) organisational culture 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 c, d and e There is no correct alternative for this question and you were all give credit for it. Refer to “Job-based structures: Job evaluation” in the prescribed book. The evaluation is based on a combination of content, skills required, value to the organisation, organisational culture and the external market. 4 COMMENTS ON ASSIGNMENT 2 1 External competitiveness is determined in practice by: (a) setting a pay level that is above or equal to that of competitors (b) setting a pay level that is above, equal to or below that of competitors (c) setting a pay level that is equal to or below that of competitors (d) setting a pay level that is equal to that of competitors (e) setting a pay level that is above that of competitors (f) determining the mix of pay forms relative to that of competitors The correct alternative is 1 a and f 2 b and f 3 c and f 4 d and f 5 e and f The correct alternative is option 2. Refer to “Compensation strategy: External competitiveness” in the prescribed book. External competitiveness is expressed in practice by
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7 MNH306-K/201 setting a pay level that is above, below or equal to that of the competition determining the mix of pay forms relative to those of competitors 2 Pay level and pay mix concentrate on the following objectives: (a) controlling costs (b) attracting employees (c) fairness (d) legal compliance (e) retaining employees The correct alternative is 1 a, b and e 2 b, c and d 3 a, c and d 4 a, b and e 5 b, d and e There is an error in this question and you were all give credit for it.. See “Compensation strategy: External competitiveness” in the prescribed book. Both pay level and pay mix focus on two objectives: controlling costs
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