The job’s pay rate in comparison with one’s own firm is an example of?

A. External equity
B. Primary equity
C. Secondary equity
D. Collective equity

The situation in which senior employees’ salaries are lesser than recruited employees, called?

A. Salary compression
B. Incentive compression
C. Aligned reward strategy
D. Bonuses compression

The span of control and management level of executive is included in?

A. Job complexity
B. Complexity in hiring
C. Complexity in training
D. Complexity in recruitment

The supplemental insurance plans are included in?

A. Long-term incentives
B. Short-term benefits
C. Executive perks
D. Job ranking

Creating a package of rewards for employees is called?

A. Hr strategy
B. Performance appraisal
C. Aligned reward strategy
D. Aligned compensating strategy

An theory states that employees seek balance between the offered services and taken salaries is called?

A. Equity theory of motivation
B. Equity theory of salaries
C. Equity theory of wages
D. Equity theory of compression

An employee’s salary paid for his skills and knowledge is called?

A. Competency based pay
B. Time based pay
C. Internship based salary
D. Training based pay

The workers with the manual jobs are mostly paid as?

A. Pay plan based on knowledge
B. Pay plan based on skills
C. Pay plan based on tenure
D. Pay plan based on performance

A company manage, reviews employees performance and matches with the set standards are called?

A. Focal reviews
B. Unvocal reviews
C. Vocal reviews
D. Local reviews

An ‘Equal Pay Act’ emphasizes compensable factors are such as?

A. Skills
B. Efforts and responsibility
C. Working conditions
D. All of above