Question :
61.The _____ an index of the correspondence between actual and : 1243101
61.The _____ is an index of the correspondence between actual and intended pay.
A.pay grade
B.pay midpoint
C.compa-ratio
D.range spread
E.pay range
62.According to the study by Peter Cappelli and Peter Sherer, which of the following is true of two-tier wage plans?
A.The plans are characterized by instances where two employees doing different level of jobs get the same pay.
B.The lower-paid employees always move to the higher-paying tier.
C.The lower-tier employees are more satisfied despite being paid less money for the same work.
D.The employees in the lower tier have lower comparison standards than those in the higher tier.
E.The lower-tier employees remain dissatisfied until they move into the higher-paying tier.
63.The two-tier wage plan supports the _____ through its focus on the way employees compare their pay with other jobs and the need for managers to take this into consideration.
A.reinforcement theory
B.social exchange theory
C.equity theory
D.expectancy theory
E.efficiency wage theory
64.Which of the following is true of a job-based pay structure?
A.It encourages employee initiatives.
B.It allows the organization to take advantage of the skills of those closest to production.
C.It encourages lateral movement of employees.
D.It reinforces a topdown decision making process.
E.It discourages promotion-seeking behavior.
65.Job-based pay structure:
A.discourages topdown decision making.
B.encourages lateral employee movement.
C.discourages promotion-seeking behavior.
D.encourages a lack of initiative on the part of employees.
E.discourages performance evaluation by the manager.
66._____ refers to the process of reducing the number of job levels to achieve more flexibility in job assignments and in assigning merit increases.
A.Decentralizing
B.Departmentalizing
C.Forecasting
D.Delayering
E.Benchmarking
67.Athen Tech., a software company, changed its pay structure from 3,000 job titles and 12 pay grades to a simpler structure with 1,000 jobs and 5 pay grades. The managers were then asked to choose pay levels that were based on the market. This is an example of _____.
A.decentralizing
B.departmentalizing
C.forecasting
D.delayering
E.benchmarking
68.Which of the following best describes a broad band in job-based pay structures?
A.It refers to the distance between the minimum and maximum pay in a grade.
B.It refers to the wider grouping of jobs accomplished through delayering.
C.It is an index of the correspondence between actual and intended pay.
D.It is a mathematical expression that describes the relationship between a job’s pay and its job evaluation points.
E.It refers to the characteristics of jobs that an organization values and chooses to pay for.
69.Which of the following is true of broad bands?
A.More the use of broad brands, the lesser is the use of delayering in a firm.
B.More the use of broad brands, the lesser is the opportunity for promotions.
C.Broad bands with greater range spread lead to weaker budgetary control.
D.Broad bands with greater range spread give rise to lower labor costs.
E.Broad bands with smaller range spread permit managers to recognize high performance with high pay.
70.Which of the following pays is similar to pay structures based on individual characteristics such as skill or knowledge but usually refers to a plan that covers exempt employees?
A.Internal equity pay
B.Market survey pay
C.Competency-based pay
D.Job-based pay
E.External equity pay
