Question: An employer; not paying for the title of job and hired , regarded as?

• 1. pay based on company’s profit
• 2. pay based on company’s stocks
• 3. pay based on competency
• 4. pay based on time

Question: The traditional pay plan used in companies is mostly?

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

Question: 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

Question: 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

Question: 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

Question: ‘Benchmarking’ of jobs is included in?

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

Question: The first step in ‘Job ranking’ evaluation method is to?

• 1. obtain job information
• 2. select and group jobs
• 3. select compensable factors
• 4. rank jobs

Question: The increments based on performance is a basis of?

• 1. direct financial payments
• 2. non direct financial payments
• 3. direct compensation
• 4. bonuses

Question: The compensation for top executive job is largely based on?

• 1. job complexity
• 2. employer’s ability to pay
• 3. executive’s human capital
• 4. all of above

Question: The person’s fixed pay and guaranteed bonus is included in?

• 1. base pay
• 2. short-term incentives
• 3. executive benefits
• 4. long-term incentives