COMPENSATION
MIDTERM EXAM | 179
QUESTIONS | WITH ALL
PASSED ANSWERS!!
COMPENSATION
Evatee 8/3/24 COMPENSATION
,COMPENSATION MIDTERM EXAM | 179
QUESTIONS | WITH ALL PASSED ANSWERS!!
An important criteria for determining the value of research is/are there
alternative An 80. An important criteria for determining the value of research
is/are there alternative explanations for the research findings? --t/f Answer -
TRUE
External competitiveness is one test of competitive advantage --t/f Answer -
FALSE
Using policy capturing and the committee a priori approach for developing pay
structures yield the same pay structure --T/F Answer - FALSE
When organization performance declines: Answer - performance-based pay
plans do not pay off
When unemployment increases, the proportion of the population covered by
health insurance decrease --T/F Answer - TRUE
Management of the pay system focuses on cost control and employee
perceptions of fairness since they are most important to management --T/F
Answer - FALSE
, The primary reason for documenting employee and supervisor views of
compensable factors is to meet requirements of the Equal Pay Act -t/f Answer
- FALSE
Job analysis is important for both managers and employees because it is
Answer - the basis for a work-related rationale for pay differences
A major challenge facing most employers is the rising cost of health care
benefits -t/f Answer - TRUE
Whole Foods' decision to seek and engage employees who are going to help
the company make money is an example of which strategic pay decisions? -
objectives, Employee contributions, internal alignment, Management Answer -
objectives
The objective of compliance suggests the way a pay decision is made may be as
important to employees as the results of that decision. -t/f Answer - FALSE
If several incumbents, supervisors and peers respond in similar ways to job
analysis questionnaires, this suggests the results are ____. Answer - valid
"Reviewing existing documents to get a big picture of a job" is the first step in
the government job analysis method. -t/f Answer - TRUE
Which of the following policy choices has the greatest effect on employees'
decisions to stay with the organization and to seek additional training and
responsibilities? Answer - internal alignment
Research on the effects of pay level showed that pay level affects financial
performance while how employees are paid has no effect. -t/f Answer - FALSE
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