Q. The situation in organization in which differences of individual pay with different level of performance becomes small is classified as

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Q. The factors that are common in group of jobs and are used to identify the value of job are called

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Q. The tangible components of compensation programs usually designed by the organization consists of

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Q. The graph which shows the relationship between job value, which is determined rates of pay survey and job evaluation points is classified as

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Q. The position such as administrative, professionals and executive are classified as

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Q. The group of all the jobs which have the same worth of job are classified as

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Q. The concept in which the pay for the jobs that require similar skills, abilities and knowledge without taking duties into consideration is called

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Q. The payments made to employees for the amount of time in which the employee has worked are classified as

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Q. The compensation given with the base pay linked to individual team or organizational performance is classified as

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Q. In an organization, the base pay is classified as being part of

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Q. According to traditional compensation approach, the perks and bonuses are

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Q. The curve which is used to represent relationship between pay rate and experience is classified as

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Q. The procedure of using less and more broad pay grades than the traditional system of compensation is classified as

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Q. The compensation philosophy according to which the organization increase the salary of employees every year is called

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Q. The employee who is paid less than the specified range for the job is classified as

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Q. The compensation quartile strategy in which employer of organization pays below than market compensations is called

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Q. The perceived fairness of all the procedures and process that are considered to make decisions about employees and their pay is called

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Q. The situation occur when creditor wants employer to pays off the debt by deducting portion of amount from wages of employees as ordered by law court is called

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Q. The multiple plans specifying business unit and family while giving compensation are considered in approach called

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Q. The compensation quartile strategy in which 50% of employers pays below than market and remaining pays compensations higher than market is called

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