In the new approach of jobs pay rates, the employers are focusing on?

A. Employee’s family name
B. Employee’s competency
C. Employee’s performance
D. Employee’s equity

Each band in ‘broad banding’ contains?

A. Wide range of jobs
B. Lesser range of job
C. Only one type of job
D. Unspecified job description

The data of benefits like employees insurance and other fringe benefits can be collected through?

A. Benchmark surveys
B. Salary surveys
C. Primary survey
D. Secondary survey

In surveying the market, a way to know what others are paying, known as?

A. Salary survey
B. Market survey
C. Equity survey
D. Motivation survey

Each unit made by a worker to be paid is considered as?

A. Time based pay
B. Performance based pay
C. Promotion
D. Salary increments

Communications and employs’ participation is the part of?

A. Company’s plan
B. Strategic plan
C. Vision
D. Mission

Anchoring jobs and slotting the other jobs accordingly is called?

A. Benchmarking jobs
B. Evaluating pay scales
C. Evaluating pay grades
D. Evaluating internal equity

A ‘quantitative technique’ in job evaluation processes is?

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

The top managers’ salaries traditionally depend upon

A. Company size
B. Company performance
C. Company internal equity
D. Both a and b

The company top executives compensation include?

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