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HR Ch 11 Quiz Questions with 100% Correct Answers | Verified | Latest Update 2024
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HR Ch 11 Quiz Questions with 100% Correct Answers | Verified | Latest Update 2024
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HR Ch 11 QuizA job _________blank system is composed of compensable factors and a weighting
scheme based on the importance of each compensable factor to the organization. -
✔✔evaluation
Job evaluation is an administrative procedure for measuring internal job worth. A job
evaluation system is composed of compensable factors and a weighting scheme based
on the importance of each compensable factor to the organization.
addresses the fact that different employees in the same job may have different pay
rates. - ✔✔rate ranges
The concept of rate ranges addresses the fact that different employees in the same job
may have different pay rates. The use of rate ranges permits a company to recognize
differences in employee performance, seniority,
0 0% training, and so forth in setting
individual pay. 1
At Wayne's job interview for the director of IT at the Coswell Corporation, he asked the
recruiter about the _________blankso that he could make an informed decision
regarding the job for which he was applying and the pay associated with it. - ✔✔pay
structure
Salary-level decisions can be broken into two areas: pay structure and individual pay.
Pay structure is the relative pay of different jobs (job structure) and how much one is
paid (pay level).
Hanna and Lucas Incorporated wants to determine the pay policy line as the basis for
developing its pay structure. Given this, which analysis should it use to achieve its
objective in this situation? - ✔✔regression analysis
, The pay policy line is a mathematical expression that describes the relationship
between a job's pay and its job evaluation points. Organizations develop a market pay
policy line based on the key jobs (for which there are both job evaluation and market
pay survey data available). This line can be generated using a statistical procedure
(regression analysis).
HR compensation specialists were conducting a market salary survey as part of the
process for developing a pay system for the Ocean Corporation. In designing the
market salary survey, the company should be sure to collect salary data about
________blank jobs. - ✔✔key
Key jobs are benchmark jobs that have relatively stable content and—perhaps most
important—are common to many organizations. Therefore, it is possible to obtain
market pay survey data on them.
Management at the LTM Corporation is working with HR to develop a new pay system.
Given that management wants the system to be as rigorous and objective as possible
%
00
where job values can be quantified, which method should it use for job evaluation? -
✔✔point-factor system 1
Although there are numerous ways to evaluate jobs, the most widely used is the
point-factor system, which yields job evaluation points for each compensable factor.
After generating scores for each compensable factor on each job, job evaluators often
apply a weighting scheme to account for the differing importance of the compensable
factors to the organization.
Nurses at the National General Hospital feel the pay they receive is not appropriate
given the long hours they work and what workers in other professions make for their
investment of time and effort. This situation is best explained by _________blank
theory. - ✔✔equity
Equity theory suggests that people evaluate the fairness of their situations by
comparing them with those of other people. According to the theory, a person (p)
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