Which job evaluation method identifies a jobs various compensable factors for which the organization is willing to provide compensation?
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Chapter 6—Compensation and Benefits MULTIPLE CHOICE 1.____ refers to all of the pay and benefits provided to employees for the completion of work. a.Salary b.Pay substructure c.Total compensation d.Fair labor standards e.Incentives ANS:CPTS:1 REF:p. 198OBJ:LO: 9.1 NAT:BUSPROG: AnalyticSTA:DISC: HRMKEY:Bloom's: Comprehension 2.Which of the following employee behavioral outcomes is MOST likely under conditions of perceived internal inequity as compared to external inequity? a. Lower morale b.Higher conflict c.Lower satisfaction d.Lower motivation e.All of these ANS:EPTS:1REF:p. 199OBJ:LO: 9.1 NAT:BUSPROG: AnalyticSTA:DISC: HRMKEY:Bloom's: Knowledge 3. Jorge, a supervisor for a large luxury hotel, compared his salary to other supervisors in the same organization. He found that his base pay was about 25 percent less than other individuals in similar supervisory jobs. Jorge is experiencing a.internal inequity. b.lateral inequity. c.position inequity. d.external inequity. e.compensation inequity. ANS:APTS:1REF:p. 199OBJ:LO: 9.1 NAT:BUSPROG: AnalyticSTA:DISC: HRMKEY:Bloom's: Knowledge 4.Information used to assess external equity is likely collected with a.pay surveys. b.benefits administrators. c.compensation calculators. d.random telephone interviews. e.none of these. ANS:APTS:1REF:p. 199OBJ:LO: 9.1 NAT:BUSPROG: Analytic STA:DISC: HRMKEY:Bloom's: Comprehension 5.____ occurs when a company indicates to employees the importance of certain behaviors by paying for such behaviors. a.Supporting b.Suggesting c.Spiraling d.Benchmarking © 2016 Cengage Learning India Pvt. Ltd. All Rights Reserved. A set of compensable factors are identified as determining the worth of jobs. Typically the compensable factors include the major categories of:
These factors can then be further defined.
The point method is an extension of the factor comparison method. Each factor is then divided into levels or degrees which are then assigned points. Each job is rated using the job evaluation instrument. The points for each factor are summed to form a total point score for the job. Jobs are then grouped by total point score and assigned to wage/salary grades so that similarly rated jobs would be placed in the same wage/salary grade.
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GroupingAfter ranking, the jobs should be grouped to determine the appropriate salary levels. SoftwareInteractivePoint-Method Program
(https://hr-software.net/cgi/JobEvaluation.cgi) Which job evaluation method identifies a job various compensable factors for which the Organisation is willing to provide compensation?The point factor method is the most commonly used approach to job evaluation. This method identifies four primary compensable factors used to determine pay. These factors include: Skills (years of experience, level of education and overall ability)
What are the 3 compensable factors in job evaluation?Typically the compensable factors include the major categories of:. Skill.. Responsibilities.. Effort.. Working Conditions.. Which job evaluation method identifies a job various compensable factors quizlet?d. the factor comparison method.
How would you identify a jobs compensable factors?To be useful in comparing jobs, compensable factors should possess the following attributes:. They must be present in all jobs.. They need to be definable and measurable.. The factor must vary across the company. ... . They must be observable. ... . They need to fit the organization.. |
