Professional Documents
Culture Documents
Compensation Administration
Midterm Quiz
Name:
Date:
I. Identification
1. It is the fundamental directions that an organization chooses.
2. The letter “P” in the AMO Theory formula or equation.
3. The letter “M” in the AMO Theory formula or equation.
4. It refers to the array of pay rates for different work or skills within a single organization.
5. It refers to the pay relationships among different jobs/skills/competencies within a single
organization.
6. Refers to the process by which goods and services are delivered to the customers.
7. These are the pay differences among levels.
8. It refers to the worth of the work and its relative contribution to the organization’s objectives.
9. Refers to the work performed in a job and how it gets done.
10. It is whatever wage the employer and employer agree on for a job.
11. The letter “A” in the AMO Theory formula or equation.
12. It reflects the value of goods or services an employee produces in a job.
13. It is the systematic process of collecting information that identifies similarities and differences in
the work.
14. Group of tasks performed by one person that make up the total work assignment of that person.
15. Grouping of related job with broadly similar content.
II. Enumeration
Four strategic choices
1.
2.
3.
4.
III. Provide what is being required for each of the following item.
Define the three general business strategies which can be tailored to compensation systems
1.
2.
3.
Explain the three tests to determines whether a pay strategy is a source of an advantage
4. Is it aligned?
5. Does it differentiate?