Question 1Common job characteristics that an organization is willing to pay for such as skill effort responsibility and working conditions are termed:A. workload standards.B. benchmark jobs.C. compensable factors.D. ESOPs.Question 2Relevant labor mar
Question 1Common job characteristics that an organization is willing to pay for such as skill effort responsibility and working conditions are termed:A. workload standards.B. benchmark jobs.C. compensable factors.D. ESOPs.Question 2Relevant labor markets should consider __________ as well as product-market competitors.A. workload standardsB. internal equityC. geographical boundariesD. survey dataQuestion 3Alternatives to pay systems based on job evaluation include all of the following EXCEPT:A. education-based pay.B. skill-based pay.C. market-based pay.D. knowledge-based pay.Question 4A narrowing of the ratios of pay between jobs or pay grades in a firms pay structure is pay:A. secrecy.B. compression.C. security.D. inequality.