Compa ratio - Study guides, Class notes & Summaries
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C3E: QUANTITATIVE PRINCIPLES IN COMPENSATION MANAGEMENT |REAL | Questions with 100% Correct Answers | Verified | Latest Update 2024
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C3E: QUANTITATIVE PRINCIPLES 
IN COMPENSATION MANAGEMENT 
|REAL | Questions with 100% 
Correct Answers | Verified | Latest 
Update 2024 
Why do compensation professionals collect & use data? 
(A) To support personal agendas 
(B) To respond to stock price volatility 
(C) To improve changes of making sound decisions 
(D) To replace the need for modeling - ANSWER (C) To improve changes of making 
sound decisions 
A true, absolute zero exists for which level of measurement? 
(A) Nominal 
(B) Or...
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MIE 330 Exam 4 Latest Version Already Graded A
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MIE 330 Exam 4 Latest Version Already 
Graded A 
Decisions about Pay -Job Structure- relative pay for different jobs within org 
-Pay Structure-pay policy resulting from job structure and pay level decision 
-Pay Level- avg amount the org pays for a job 
Equal Employment Opportunity Employers myst not base differences in pay on age, sex, 
race 
-no guarantee of equal pay for men and women, white and minorities 
Fair Labor Standards Act (FLSA) Establishes a minimum wage and requirementes for 
ove...
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SHRM CP EXAM STUDY GUIDE
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Career Planning - Answer-Actions & activities that individuals perform in order to give direction to their work lives. 
 
Brain drain - Answer-Exit of educated & skilled citizens from emerging & developing countries for better paying jobs in developed countries. 
 
Auditory learners - Answer-People who learn best by relying on their sense of hearing. 
 
Andragogy - Answer-Study of how adults learn. 
 
Cost-of-living adjustment (COLA) - Answer-Pay adjustment given to eligible employees regardless...
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BUSMHR 3100: FINAL EXAM
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Incentive Pay - Answer-- forms of pay linked to an employee's performance as an individual, group member, or organization member 
- influential because the amount paid is linked to certain predefined behaviors or outcomes 
- may be in the form of a commission or a bonus 
 
Effective Incentive Pay Requirements - Answer-- Performance measures are linked to the organization's goals 
- employees believe they can meet performance standards 
- organization gives employees the resources they need to ...
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SHRM CP EXAM QUESTIONS AND ANSWERS ALREADY PASSED
- Exam (elaborations) • 41 pages • 2022
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Career Planning Actions & activities that individuals perform in order to give direction to their 
work lives. 
Brain drain Exit of educated & skilled citizens from emerging & developing countries for 
better paying jobs in developed countries. 
Auditory learners People who learn best by relying on their sense of hearing. 
Andragogy Study of how adults learn. 
Cost-of-living adjustment (COLA) Pay adjustment given to eligible employees regardless of 
performance or organizational profitability; u...
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SHRM CP EXAM QUESTIONS AND ANSWERS ALREADY PASSED
- Exam (elaborations) • 41 pages • 2022
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SHRM CP EXAM QUESTIONS AND 
ANSWERS ALREADY PASSED 
Career Planning Actions & activities that individuals perform in order to give direction to their 
work lives. 
Brain drain Exit of educated & skilled citizens from emerging & developing countries for 
better paying jobs in developed countries. 
Auditory learners People who learn best by relying on their sense of hearing. 
Andragogy Study of how adults learn. 
Cost-of-living adjustment (COLA) Pay adjustment given to eligible employees regardles...
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SHRM-SCP Exam Study Prep Questions With Verified Answers
- Exam (elaborations) • 19 pages • 2024
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SHRM-SCP Exam Study Prep Questions With Verified Answers 
 
 
Shareholder (Workplace) - ANS An owner of shares in a company. 
 
A person who invests in a corporation by buying stock and is a partial owner. 
 
Stakeholder (Workplace) - ANS Stakeholder is Everyone. 
 
Someone other than a stockholder or creditor who potentially has a claim on the cash flows of the firm. 
 
A person or organization with an interest in a particular place or issue. 
 
Strategy (Workplace) - ANS A long term ...
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SHRM CP EXAM WITH ALL ANSWERS CORRECT
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SHRM CP EXAM WITH ALL ANSWERS CORRECT 
Career Planning Brain drain Auditory learners 
Andragogy. 
 
Cost-of-living adjustment (COLA) 
Compa-ratio 
Broadbanding. 
 
Behavioral interview. 
 
Applicant tracking software (ATS). 
 
Developmental activities 
Compensation. 
 
Career development 
 
Benefits 
Apprenticeship. 
 
Competency-based interview 
 
ADDIE model. 
 
Assessment centers. 
 
Blended learning 
Career management 
Competencies 
Strategy.
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SHRM CP EXAM 2024 WITH 100% CORRECT ANSWERS
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Career Planning correct answersActions & activities that individuals perform in order to give direction to their work lives. 
 
Brain drain correct answersExit of educated & skilled citizens from emerging & developing countries for better paying jobs in developed countries. 
 
Auditory learners correct answersPeople who learn best by relying on their sense of hearing. 
 
Andragogy correct answersStudy of how adults learn. 
 
Cost-of-living adjustment (COLA) correct answersPay adjustment given to...
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WGU C236 Compensation and Benefits Latest Update 2022-2023
- Exam (elaborations) • 20 pages • 2023
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Absolute Level - ANSWER The reward can be defined. Paying an employee $50,000 salary per year is an example. 
 
Administrative - ANSWER Pertaining to the activities of running an organization or a business. 
 
Anchored Rating Scale - ANSWER Uses examples or definitions of typical behaviors to define each point along the scale. 
 
Autonomy - ANSWER Giving employees discretion in choosing what to do and how to do it. 
 
Bad Data Challenge - ANSWER Exists because the data a company obtains about ma...
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