The relative worth of jobs and associated pay differences

Assignment Help Operation Management

Reference no: EM132192204

1. Compensation professionals use job evaluation to recognize differences in the relative worth of jobs and associated pay differences. Which of the following is NOT a job evaluation technique (method)?

a. point method

b. O*NET and/or salary surveys

c. classification method

d. These are all possible methods depending on the company and/or industry

2. ____________________ represent non-monetary rewards including any variety of programs that provide paid time off (pto), employee services, and protection programs. The US government requires some be given, and many are at the discretion of the employer.

a. variable pay

b. employee benefits

c. performance appraisals

d. progressive discipline

3. Your selection of a layout format for your facility depends on: (Choose all that apply)

Available space

Production volume

The design of the process

The inventory flow

4. Compensation professionals design and deploy compensation systems by meeting 3 key goals. Which is NOT one of them?

a. internal consistency

b. market competitiveness

c. recognizes differences in employee contributions

d. costs 10% less to administer year-over-year

5. Strategic compensation requires that a business's compensation system and practices are carefully aligned with the business strategies.

True

False

Reference no: EM132192204

Questions Cloud

What is your personal perspective : "Businesses should leave charitable giving to their shareholders." Critically evaluate this statement. What is your personal perspective?

International corruption similar to eigen : Can you think of any other social corporate activists who have stood up to international corruption similar to Eigen?

Fire occurs in one of apartments because of defective wiring : Pedro owns a sixplex apartment building and lives in one unit. A fire occurs in one of the apartments because of defective wiring.

What is shrink-wrap agreement : Corporate Code, Inc., sells business software—accounting and book-keeping programs, What is a shrink-wrap agreement? Are such agreements al-ways enforced?

The relative worth of jobs and associated pay differences : Compensation professionals use job evaluation to recognize differences in the relative worth of jobs and associated pay differences.

Discuss the innovation process you would implement : Discuss the innovation process you would implement, future business opportunities for this new venture.

Bonds-mainstream stocks and speculative stocks : A mutual fund company must invest $100,000 among three types of investments: bonds, mainstream stocks and speculative stocks.

Summarize the main points of the selected articles : The purpose of this assignment is to research one of the topics you have covered in this course. You will collect 10 articles written within the last year.

Explain how reggie can start to develop a growth mindset : Reggie is demonstrating a fixed mindset. How is Reggie's mindset affecting the way he prepares for the new compliance test?

User Account

All Pages