A. direct financial payments
B. indirect financial payments
C. compensations
D. counseling
HRM Mcqs
The jobs pay rates on the basis of each individual performance is called?
A. individual equity
B. pay rate equity
C. collective equity
D. procedural equity
In recent years, job title and tenure is replaced by?
A. employee performance and competencies
B. company growth and market share
C. employee skills and creativity
D. pay for knowledge
A method in which corresponding points of each compensable factors for calculation of total point is called?
A. point method
B. factor comparison
C. job classification
D. alternation ranking method
The levels and series of steps based on the years of service in pay grades are called?
A. pay ranges
B. grade ranges
C. similar jobs grades
D. anchoring pay ratings
An employee compares his pay with other’s pay in company at same position is called?
A. internal equity
B. external equity
C. collective equity
D. individual equity
Comparison of fairness of job’s pay rate to the other jobs in company is called?
A. external equity
B. collective equity
C. individual equity
D. internal equity
Calculating numerical rating and arranging each job according to skill is called?
A. point method
B. job grading
C. factor comparison method
D. alternation ranking method
An equity theory of motivation applies to employees who are often?
A. under paid
B. over paid
C. regularly paid
D. non paid internees
Defining the factors to be compared is included in?
A. selection of compensable factors
B. selection of intuitive factors
C. selection of logical factors
D. selection of comprehensive factors