Compa ratio - Study guides, Class notes & Summaries

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...

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...

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...

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 ...

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 ...

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 ...

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...

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.

HRM3705 ASSESSMENT 6 SEMESTER 1 2024 Tebogo earns an annual salary of R300,000 at Wings International. The salary range for her position at Wings International has a minimum of R160,000 and a maximum of R400,000. Calculate the salary midpoint for Tebogo’s position. Which fundamental principle of remuneration ethics emphasise the importance of open communication, feedback, and resolving differences through debate? A generally accepted compa-ratio is between 50% to 90%. RemCo has...

SHRM CP EXAM | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS 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-l...