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Good luck with your studies compensation management

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Good luck with your studies! COMPENSATION MANAGEMENT DEPARTMENT OF BUSINESS MANAGEMENT Unisa
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MNH306-K/101 7 APPENDIX A - ASSIGNMENTS 1 GENERAL Please consult Tutorial Letter MNALLE-Q/301/4/2006 about the following: # answering essay questions # administrative requirements for assignments # extension of time for submitting assignments # key concepts for examining 2 ASSIGNMENTS (A) Compulsory Assignments The compulsory assignments comprise 10 multiple choice questions each. Follow the instructions on how to use and complete mark-reading sheets in the Unisa: services and procedures brochure. You have to submit either Assignment 01 or Assignment 02 to be admitted to the examination. ASSIGNMENT 01 First semester Second semester Due date Unique number Due date Unique number 1 March 2006 334245 1 August 2006 296396 This assignment comprises 10 multiple choice questions. You need to use the official Unisa mark-reading sheet when submitting this assignment or you may submit it by means of the SOL system. Follow the instructions on how to use and complete mark-reading sheets in the Unisa: services and procedures brochure. Ensure that you answer all the questions and that your numbering is correct. 1 Which of the following reward practices need to be avoided? a across-the-board increases b pay-for-performance plans c inflation linked increases d salary increases based on job tenure 1 a b c 2 b c d 3 a b d 4 a c d 2 A systematic procedure designed to aid in establishing pay differentials among jobs within a single employer is known as: 1 broadbanding 2 job evaluation 3 market pricing 4 job analysis
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MNH306-K/101 8 3 Which of the following reasons encourage the establishment of employee benefit plans as opposed to simply giving employees larger salaries? a Employers are able to reduce labour turnover. b Employers can take care of employees = welfare. c Economies of scale can be obtained on group-based benefits. d Employees can satisfy their higher-order needs. 1 a d 2 a b c 3 b c d 4 a b c d 4 What are employers = biggest concern in administering a benefits programme? 1 communicating the programme to employees 2 processing claims 3 justifying compensation decisions 4 controlling benefit costs 5 Contingent employees ______________ 1 generally receive fewer benefits than permanent employees 2 make it more difficult for an organisation to adapt to changing conditions 3 are an expensive alternative to permanent employment 4 are declining in number due to the booming economy 6 Which alternative form of compensation gives employees part ownership in the organisation? 1 Employee stock ownership plans (ESOP) 2 pay for performance plans 3 gainsharing 4 profitsharing 7 The appropriate data to use when deciding if jobs are substantially equal is the 1 actual work performed 2 job descriptions 3 qualifications of job holder 4 training required for performance 8 Efficiency, as a strategic compensation objective aims to _______________ a improve employees = performance b improve employees = quality of life
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Good luck with your studies COMPENSATION MANAGEMENT...

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