Once external and internal equity have been ensured, what is the next step in setting pay rates?
Correct answer C. Group similar jobs
Subject / 920 questions
HRM MCQs
Page 5 of HRM multiple-choice questions with answers. Tap an option to check yourself.
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- Coaching, Careers and Talent Management 193
- Training and Developing Employees 77
- Managers Role in Strategic HRM 65
- Performance Management and Appraisal 63
- Pay for Performance and Financial Incentives 50
- Labor Relations and Collective Bargaining 35
- Introduction to Human Resource Management 33
- Benefits and Services 24
- Job Analysis 21
- Ethics Justice and Fair Treatment 17
- Managing Global Human Resources 13
- Human Resource Planning and Recruiting 11
- Interviewing candidates 10
- Employee Testing and Selection 9
Work experience and field of study form part of an executive’s what?
Correct answer C. Human capital
Which approaches are used to compare jobs with one another?
Correct answer A. Intuitive approaches
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What is it called when jobs are placed in order according to how difficult they are?
Correct answer A. Ranking method
Which of the following is not one of the forms of equity in the equity theory of motivation?
Correct answer B. Collective equity
Which type of incentive gives executives the right to buy company shares within a set period?
Correct answer C. Long-term incentives
Under which part of executive pay are a person’s fixed salary and guaranteed bonus included?
Correct answer C. Base pay
On what is pay for a top executive role largely based?
Correct answer D. All of the above
Performance-based pay increments form part of which type of compensation?
Correct answer D. Direct financial payments
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When the job ranking method of evaluation is used, what is the first step?
Correct answer D. Obtain job information
Benchmarking jobs is part of which activity?
Correct answer A. Salary survey
What is the third step in the ranking method of job evaluation?
Correct answer B. Select compensable factors
Revenue growth is included in which category?
Correct answer D. Short-term shareholder value
Ranking jobs or grouping them into clusters forms part of which step?
Correct answer B. Selecting and grouping jobs
What is the traditional pay plan used in companies mostly based on?
Correct answer B. Job oriented
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When an employer pays people for what they can do rather than for their job title, what kind of pay is it?
Correct answer B. Pay based on competency
What is the second step in the ranking method of job evaluation?
Correct answer C. Group jobs
In this set, employee health insurance is included under which category?
Correct answer B. Executive perks
What is the idea that women and men should receive equal pay for jobs of comparable value called?
Correct answer D. Comparable worth
Which of these is a form of direct financial payment?
Correct answer A. Increments based on time