Chapter 3 Questions
What is a job evaluation?
What is CPI?
What is direct and indirect compensation?
What is equitable pay?
What are real wages?
What are external factors that influence wage rates?
What are internal factors that influence wage rates?
What is the compensation percentage of manufacturing firms and service enterprises?
What is a union scale?
What is the pay for performance standard?
What is the point system?
What is the Equity Theory?
What is the gender neutral system?
What is the factor comparison system?
What are the compensable factors that key jobs are evaluated by?
What is eldercare?
What are individual and group incentives?
What are pay grades?
What are the chief objectives of most benefit programs?
What is competency based pay?
What are the two types of pension plans? Explain them.