Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

1.What is the name for salient job characteristics by which companies establish relative pay rates? a. compensable factors b. competitive factors C. commendable factors d.

image text in transcribed
image text in transcribed
1.What is the name for salient job characteristics by which companies establish relative pay rates? a. compensable factors b. competitive factors C. commendable factors d. compensation factors e. differentiation factors 2. Which job evaluation method is most commonly used? a. classification b. point method c. ranking d. factor e. differentiation 3. What makes up the measurement scale that tells us the level of a factor present in a particular job? a. degrees b. weights c. points d. factors e. none of the above 4. Which of the following are the four universal compensable factors? ABC a. mechanical ability, effort, responsibility, working conditions b. ability, effort, seniority, responsibility C. skill, effort, responsibility, working conditions d. skill, effort, competence, working conditions e. none of the above 5. Limitations to job evaluation include: a. doesn't account for a competitor's pay practices b. doesn't consider manager discretion in pay raises c. hard to apply during a recession d. hard to apply in service industries e. both (a) and (b)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Entrepreneurship

Authors: Andrew Zacharakis, William D Bygrave

5th Edition

9781119563099

Students also viewed these Economics questions