base pay system development

mcqspedia.com has 5 Question/Answers about Topic base pay system development

Factors that are common in group of jobs and are used to identify value of job are called

Factors that are common in group of jobs and are used to identify value of job are called
  • A. primacy factors
  • B. exemption factors
  • C. compensable factors
  • D. equity factors
  • Correct Answer: Option C

Analysis of job such as job specification and job description leads to

Analysis of job such as job specification and job description leads to
  • A. job evaluation
  • B. garnishment laws
  • C. pay surveys
  • D. both a and c
  • Correct Answer: Option D

Factors must be considered to price jobs in any organization includes

Factors must be considered to price jobs in any organization includes
  • A. job importance
  • B. difficulty of job
  • C. skills and abilities required
  • D. all of above
  • Correct Answer: Option D

Systematic way of determining worth of all jobs within any organization is called

Systematic way of determining worth of all jobs within any organization is called
  • A. compensable evaluation
  • B. job evaluation
  • C. benchmark job
  • D. job promotion structure
  • Correct Answer: Option B

Collection of data consisting compensation rates of all workers who performs similar jobs in other organizations classified as

Collection of data consisting compensation rates of all workers who performs similar jobs in other organizations classified as
  • A. KSA survey
  • B. pay survey
  • C. job survey
  • D. skills survey
  • Correct Answer: Option B