Strategic Compensation Ch. 3 || All Correct.

systems reward employees with permanent additions to base pay periodically, according to employees' lelngth of service performing their jobs. correct answers seniority pay systems reward with permanent additions to base pay those employees who have reached pay grade maximums and who are not likely to move into higher pay grades correct answers longevity pay states that employees' knowledge and skills generate productive capital known as human capital; employees can develop knowledge and skills from formal education or on the job experience correct answers human capital theory refers to employees' knowledge and skills, enabling them to be productive correct answers human capital refers to a union's success in negotiating formal contracts with employees and establishing quasi judicial grievance procedures to adjudicate disputes between union members and employers correct answers job control unionism classified federal government jobs into 15 classifications (GS-1 through GS-15) based on such factors as skill, education, and experience levels; in addition, jobs that require high levels of specialized education (ex: a physicist), significantly influence public policy (ex: law judges), or require executive decision making are classified in 3 additional categories: senior level, scientific & professional positions, and the senior executive service correct answers general schedule reward employees with permanent increases to base pay according to differences in job performance. correct answers merit pay programs refers to the minimum pay increase that employees will see as making a substantial change in compensation correct answers just meaningful pay increase a type of performance appraisal method, requires raters (ex: supervisors or customers) to evaluate each employee's traits or characteristics (ex: quality of work, quantity of work, appearance, dependability, cooperation, initiative, judgment, leadership responsibility, decision making ability, and creativity). correct answers trait systems a type of performance appraisal method, require that raters (ex: supervisors) evaluate a given employee's performance against other employees' performance attainments; employees are ranked from the best performer to the poorest performer correct answers comparison systems a specific kind of comparison performance appraisal system in which raters (ex: supervisors) assign employees to groups that represent the entire range of performance. correct answers forced distribution