The method in which employer first choose higher and lowest, then secondly choosing the highest and the lowest is?

A. Alternation ranking method
B. Point method
C. Ranking method
D. Job classification

The compensations and reward packages are designed for employees, must help company to achieve its?

A. Mission
B. Vision
C. Strategic goals
D. Compensation strategy

The ‘rate of return on investment’ is classified as?

A. Long-term shareholder value
B. Calculating stock value
C. Calculating return on investment
D. Calculating working capital

The company top executives compensation include

A. Base pay
B. Long-term
C. Executive benefits
D. All of above

The demonstrable skills, knowledge or behaviors that enable employee’s performance are called?

A. Competencies
B. Job description
C. Job specification
D. Job evaluation

The job evaluation process, in which the raters categorize jobs into groups is called?

A. Point method
B. Job classification
C. Job grading
D. Aligned reward strategy

The ‘educational level’ of executive is classified as?

A. Working capital
B. Human capital
C. Compensation capital
D. Size of working capital

The ‘Hay consulting firm’ emphasizes compensable factors such as?

A. Skills
B. Efforts and responsibility
C. Knowledge
D. Accountability

The techniques which allow employer for flexible labor stance is?

A. Job classification
B. Job evaluation method
C. Job ranking technique
D. Pay ranges

The total profit and rate of return is classified as?

A. Employer’s ability to pay
B. Employer’s ability to hire
C. Employer’s ability to train employees
D. Employer’s ability to grow