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Test Your Knowledge谷逸人力资源专业博客p9| Fw Wp X
Instructions: Choose an answer for each question.
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1. What implications would a company in the growth phase of the business life-cycle find in its compensation strategy? 谷逸人力资源专业博客j?y} w
A. Base pay is low, indirect compensation is increasing, short-term incentives are low 谷逸人力资源专业博客6kZ(F1F-kt!Xz_
B. Base pay is low, indirect compensation is high, short-term incentives are very high 谷逸人力资源专业博客
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C. Base pay is increasing, indirect compensation is increasing, short-term incentives are high谷逸人力资源专业博客 w5}Q^ P
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2. If you use a 5% difference between midpoints of adjacent grades within the pay structure, what is the likely result? 谷逸人力资源专业博客\m*yzn0F
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A. There will be too many grades.
8p!L_0hU8Cpu0B. You will not be able to use a job content job evaluation plan. 谷逸人力资源专业博客K;Cn
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C. There will be more job grades than a 10% difference.
TdV6Z!Zx:BM:S;Z0D. There will be an increase in the accuracy of ranges relative to market pay levels. 谷逸人力资源专业博客2J+BDKM2a9JR
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3. In a traditional pay range structure, which of the following best describes a midpoint progression of 30%? 谷逸人力资源专业博客5n
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A. Best suited for hourly production jobs
\(V'z`F0B. Suitable for a clerical job family
lR2QPI;SOn0C. Workable for executive/upper management jobs
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4. If a company bases pay on the duties an employee is capable of performing, rather than on current job duties, how is that best described? 谷逸人力资源专业博客,b1bLe`
A. Costly and inefficient
$WK\-X8kf0B. A characteristic of skill-based pay 谷逸人力资源专业博客)sJe3oU:CD
C. A form of merit pay based on potential
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^D]!^/y1L u`0D. A characteristic of effective performance management 谷逸人力资源专业博客9`8T a)~*n|G&mP b{o
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5. Skill- and competency-based pay are both examples of what pay delivery approach?
4uQ_x5hae0A. Job-based pay 谷逸人力资源专业博客$Ibi4KJ4Ih
B. Merit-based pay
8EBtrg0C. Person-based pay
A8DIL:U0D. Results-oriented or performance-dependent pay
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6. An employee with a pay rate of $22,000 assigned to a pay range of $20,000-$24,000-$28,000 has which of the following? 谷逸人力资源专业博客ZHR#W+[b
A. A compa-ratio of 92 谷逸人力资源专业博客yZp/`P
B. A compa-ratio of 100 谷逸人力资源专业博客1l9\sbM s]?mV
C. Penetrated 15% of the range