Multiple Questions Answers

Question 1         
Common job characteristics that an organization is willing to pay for, such as skill, effort, responsibility, and working conditions are termed:
A. workload standards.
B. benchmark jobs.
C. compensable factors.
D. ESOPs.

Question 2         
Relevant labor markets should consider __________ as well as product-market competitors.
A. workload standards
B. internal equity
C. geographical boundaries
D. survey data

Question 3         
Alternatives to pay systems based on job evaluation include all of the following EXCEPT:
A. education-based pay.
B. skill-based pay.
C. market-based pay.
D. knowledge-based pay.

Question 4         
A narrowing of the ratios of pay between jobs or pay grades in a firm's pay structure is pay:
A. secrecy.
B. compression.
C. security.
D. inequality.