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Establishing Strategic Pay Plans Multiple Choice Questions and Answers PDF – Test 5

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Establishing Strategic Pay Plans MCQs with Answers PDF Download – Test 5

MCQ 21: The traditional pay plan used in companies is mostly:

  1. person oriented
  2. job oriented
  3. tenure oriented
  4. evaluation oriented

MCQ 22: The procedure of ranking jobs or grouping in clusters is included in:

  1. getting job information
  2. combining ratings
  3. ranking jobs
  4. selecting and grouping jobs

MCQ 23: The revenue growth is included in:

  1. short-term of shareholder value
  2. compensation of company executive
  3. determination of stocks
  4. determination of investment

MCQ 24: The third step in 'ranking method' of evaluating job method is to:

  1. select compensable factors
  2. combine ratings
  3. rank jobs
  4. select and group jobs

MCQ 25: 'Benchmarking' of jobs is included in:

  1. internal equity
  2. external equity
  3. procedural equity
  4. salary survey

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