1) It was argued in the video on pay compression that the primary way to fix pay compression is with:

Group of answer choices

pay uniformity

pay secrecy

pay transparency

pay ranges

2) Which of the following terms has been used (somewhat ironically) to describe pay compression in organizations (with regard to how new-hire salaries look compared to salaries of current incumbants)?

Group of answer choices

loyalty tax

benefit bust

strangle hold

captive market

3) A focal review cycle:

Group of answer choices

is also known as an anniversary review cycle

is also known as the common date review cycle

has ongoing issues with late reviews

is commonly managed at the one-year anniversary of each employee from their date of hire or date in job

4A major reason to have multiple salary structures is to:

Group of answer choices

make workforce planning easier

be able to compare similar jobs to each other

reduce discrimination

complicate pay determination

5Pay ranges are important in order to:

Group of answer choices

comply with the Equal Pay Act

make cost-of-living adjustments

set pay reflecting job incumbent performance and experience

determine the movement within the grade

6The approach that maintains a standard percentage difference between grade midpoints is called the:

Group of answer choices

midpoint progression approach

mathematical approach

division approach

continuum approach

7In a lead-lag strategy, the organization would be at the market rate:

Group of answer choices

at the end of the year

in the middle of the year

at the beginning of the year

at no point during the year