The process of collecting information that identifies similarities and differences among jobs is _.
A. job evaluation
B. job analysis
D. work structure analysis
The list of tasks, duties, and responsibilities that make up a job is
The roots of both job analysis and job evaluation can be traced to _.
A. Frederick Taylor
B. Karl Marx
C. Adam Smith
D. Ronald McFreyer
Routine work is also termed _.
A. transactional work
B. hygiene work
C. tacit work
D. system work
All of the following is true regarding "compensationitis" except it is _
B. a social disease.
C. involves asking strangers about how they are paid.
D. a way of understanding how different organization values work.
_ is the process
A key factor in increasing trust in top management is _.
A. an acceptable appraisal system
B. high base pay
C. stock options
D. a well-designed piece rate system
The primary guiding force that determines needed employee behaviors is _.
The mix or forms of pay compared to competitors is a part of _.
A. internal alignment
Which of the following is not a factor explaining differences in pay offered to graduating college
It is observed that _ is/are commanding a larger share of the total compensation for all employee
A. merit pay
B. health benefits
C. retirement benefits
D. variable pay
Surveys show the most popular type of variable pay plan is _
I. Compensation Strategy: Internal Alignment.
First issue in a strategy approach to pay is setting the objective
Second issue, internal alignment, addresses pay relationships inside organization.
Relationships inside the organization form a pay structure
Chapter 2- Strategy: The Totality of Decisions (Merrill Lynch)
1. What will be the result of the bidding war or top brokers? Will most firms benefit? Who will be
the winners and losers? What about the brokers?
The result of the bidding war will
Which of the following includes restrictions on executive pay that are designed to discourage executives
from taking "unnecessary and excessive risks"?
A. Corporate Welfare Program
B. Employee Welfare Program
C. Troubled Asset Relief Program
The first step in setting competitive pay and designing a pay structure is _.
A. specify pay-level policy
B. conduct job evaluation
C. draw policy lines
D. specify relevant market
The second major decision in pay-level determination is _.
The parable of the vineyard owner and compensation paid to the laborers illustrated:
A. paying workers according to their productivity.
B. pay based upon the content of the job.
C. pay based upon hours of work.
D. ignorance of the owner towards the
"Everyone wears several hats" and "succeed by working together" are examples of which of the
B. Internal alignment
C. Externally competitive
D. Employee contributions
"Putting some skin in the game" refers to: