MHR 523 : MHR523 MC Q&A for ch11.pdf
Document Summary
10 of its key positions had lower wages compared with similar positions at their key competitors. The problem the company faces is: broadbanding, external inequity, comparable worth, internal inequity, pay equity, you are advising the president of a newly formed company as to payroll obligations. This company is provincially regulated and is located in british columbia. She has asked you to advise her as to legislative minimum standards regarding pay. This is known as: _____, internal equity, wage compensation, external equity, compensation policy, need for equity, pay rates must be equitable for each employee relative to other pay rates inside the organization. Job content is assessed using: jeffrey is the newly hired hr professional who is responsible for evaluating compensation practices at the company. To determine if there are issues with internal equity he has chosen to conduct a job evaluation according to the method popularized by the hay consulting firm.