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"The salary surveys are used for monitoring and maintaining", calculating salary rates Multiple Choice Questions (MCQ) with choices internal equity, external equity, compensating equity, and collective equity to study business management degree courses. Learn establishing strategic pay plans questions and answers with free online certification courses for online business management classes. Calculating Salary Rates Video
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MCQ: The salary surveys are used for monitoring and maintaining
- external equity
- internal equity
- compensating equity
- collective equity
A
MCQ: An advantage of 'alternation ranking method' is that it
- is simple to use
- avoids central tendency and biases
- ends up with predetermined rating figures
- provides behavioral anchors
B
MCQ: Voluntarily helping less experienced employees is the part of
- formal mentoring
- informal mentoring
- career interests
- developmental needs
B
MCQ: The reporting relationships and working conditions related to a job is stated in
- job descriptions
- job analysis
- job specifications
- Both A and C
A
MCQ: The several jobs rated with individual ranking, comes under
- combining ratings
- ranking jobs
- selection of compensable factors
- grouping jobs
A