A. pay plan based on knowledge
B. pay plan based on title of job
C. pay plan based on tenure
D. pay plan based on performance
HRM Mcqs
The total profit and rate of return is classified as?
A. employer’s ability to pay
B. employer’s ability to hire
C. employer’s ability to train employees
D. employer’s ability to grow
The techniques which allow employer for flexible labor stance is?
A. job classification
B. job evaluation method
C. job ranking technique
D. pay ranges
The ‘Hay consulting firm’ emphasizes compensable factors such as?
A. skills
B. efforts and responsibility
C. knowledge
D. accountability
After ensuring external and internal equity, the next step in establishing pay rates is?
A. group similar jobs
B. price each pay grade
C. fine tune pay rates
D. determining the worth of each job
The work experience and field of study are included in?
A. working capital
B. human capital
C. compensation capital
D. size of working capital
The approaches used to compare jobs are?
A. intuitive approaches
B. systematic approaches
C. mathematical approaches
D. logical approaches
The ranking of job, based on difficulty is?
A. job description
B. job specification
C. job evaluation
D. ranking method
An ‘Equity theory of Motivation’ does not include?
A. internal equity
B. external equity
C. collective equity
D. individual equity
In which incentive the executives are given right to purchase stocks for specific period?
A. long-term incentives
B. short-term incentives
C. pay scale
D. ranking jobs