Mgmt1135 week 6 test - Study guides, Class notes & Summaries

MGMT1135 Week 6 Test Questions with Correct Answers What to pay: establish pay structure, consider 2 things - Answer- internal (worth of job to org) and external (external competitiveness of org pay relative to others) equity how to pay: rewarding through variable programs, what are these programs? - Answer- piece rate plans employee share/stock ownership plans profit sharing merit-based pay bonuses define variable pay programs - Answer- pay plan where a portion of an employee's s...