Free T1 Exam Braindumps (page: 9)

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What is a primary purpose of pay grades or bands?

  1. To identify a compensation range in which to group multiple jobs with similar value
  2. To meet legal and regulatory requirements for classifying jobs according to market value
  3. To provide documentation that supports termination decisions
  4. To justify paying some employees less than market based on internal administrative limitations

Answer(s): A



Cash compensation is a reward intended to provide what type of motivation?

  1. Intrinsic
  2. Extrinsic

Answer(s): B



If the beginning wage needed to recruit quality candidates for given job is higher than that of incumbents who have been with a company for some time, what type of pay adjustment should be used to correct this discrepancy?

  1. Cost-of-living
  2. Tenure
  3. Automatic
  4. Market.

Answer(s): D



Performance can be measured most objectively through which of the following methods?

  1. Making direct observations
  2. Documenting examples of performance
  3. Quantifying performance data
  4. Using management judgment.

Answer(s): C






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