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Question 12/113
How do you calculate individual compa ratio?
Correct Answer: C
- Question List (113q)
- Question 1: What is a key component for determining the number of pay gr...
- Question 2: When should you use expatriate pay differentials?...
- Question 3: What is a hazard pay differential?...
- Question 4: What are the three factors that affect the success of manage...
- Question 5: Why is it important to review most recent market data for po...
- Question 6: What are the objectives of a merit pay program?...
- Question 7: What are the potential disadvantages of a variable step rate...
- Question 8: What best defines base pay?
- Question 9: What is a pay differential?
- Question 10: What is one advantage of delivering a pay action as a period...
- Question 11: What are some options to managing pay and demotions?...
- 1 commentQuestion 12: How do you calculate individual compa ratio?...
- Question 13: What is a key component for determining the number of pay gr...
- Question 14: What are typical pay actions for market pay adjustments?...
- Question 15: What is a growth promotion?
- Question 16: What are two ways to measure performance?...
- Question 17: What are typical pay actions that occur during reclassificat...
- Question 18: Why is it important to communicate pay actions?...
- Question 19: What are two approaches to job evaluation?...
- Question 20: How does the level of market competitiveness impact midpoint...
- Question 21: How can you get manager buy-in when determining new hire rat...
- Question 22: What information does the degree of range overlap provide?...
- Question 23: What are disadvantages to a periodic pay increase?...
- Question 24: What information is needed to anticipate next year's market ...
- Question 25: What is an organizational promotion?...
- 1 commentQuestion 26: Where is the control point in a traditional salary structure...
- Question 27: What are two methods of timing pay increases?...
- Question 28: How is midpoint differential calculated?...
- Question 29: What are the steps in pay for performance?...
- Question 30: What is the compensation strategy?...
- Question 31: What data is needed to create a market-based salary budget?...
- Question 32: What are three ways to design base pay?...
- Question 33: How do you calculate unit/organizational compa ratio?...
- Question 34: What are considerations for general increases and COLAs?...
- Question 35: How does the cost of promotions impact midpoint differential...
- Question 36: What are some midpoint differential guidelines?...
- Question 37: What are some considerations when determining the amount of ...
- Question 38: What is the first step in setting new hire rates?...
- Question 39: When are market adjustments appropriate?...
- Question 40: Which of the following is not one of the three types of comp...
- Question 41: What is the purpose of range overlap?...
- Question 42: Why is it critical to communicate negative messages early?...
- Question 43: Who is typically eligible for market pay adjustments?...
- Question 44: What are internal and external causes for reclassification?...
- Question 45: What are the components covered by the compensation philosop...
- 1 commentQuestion 46: What are the stages of base pay structure design?...
- 1 commentQuestion 47: Which of the following is a typical approach used to correct...
- Question 48: Which of the following describes a characteristic of single-...
- Question 49: What are the objectives of a base pay structure?...
- Question 50: What are some points to remember when communicating pay acti...
- Question 51: Why is it important to discuss negative communications early...
- Question 52: How do you calculate market index?...
- Question 53: What are examples of pay actions that result in a pay decrea...
- Question 54: What are advantages to focal point reviews?...
- Question 55: What are the stages of the business life cycle?...
- Question 56: What are the organizational factors that impact merit pay?...
- Question 57: Which of the following is the most effective method for main...
- Question 58: What are advantages of a performance-only merit increase?...
- Question 59: Which statement is most accurate regarding the market data a...
- Question 60: What is a benchmark job?
- Question 61: Which of the following describes a characteristic of single-...
- Question 62: When should you use shift differentials?...
- Question 63: What are some considerations when determining new hire rates...
- Question 64: Why is communicating pay actions critical to the success or ...
- Question 65: What is the compensation philosophy?...
- Question 66: How is grade maximum calculated?...
- Question 67: Why is there no one-size-fits-all approach to pay for perfor...
- Question 68: What are methods of delivery for pay increases?...
- Question 69: When developing a base pay policy line, it is most important...
- Question 70: What are examples of diversity in jobs?...
- Question 71: What are the three pay positions in compensation?...
- Question 72: What is the continuum approach to base pay design?...
- Question 73: What are the types of performance measurement systems?...
- Question 74: What are the best applications of single rate pay?...
- Question 75: What are some causes of demotion job changes?...
- Question 76: Does internal or external wage have the most priority when d...
- Question 77: What are approaches to hazard pay differentials?...
- Question 78: Which of the following is a reason to adopt broadbanding?...
- Question 79: What is the basis for hazard pay differential determination?...
- Question 80: What are the primary components of a pay range?...
- Question 81: What is the basis for a general or COLA?...
- Question 82: Which of the following is an accurate statement regarding th...
- Question 83: When developing a base pay policy line, it is most important...
- Question 84: What does it mean to be in the expert career stage?...
- Question 85: Which of the following best defines base pay?...
- Question 86: What are the major components of a base pay structure?...
- Question 87: What are some issues to consider when developing a point fac...
- Question 88: What are examples of diversity in grading procedures?...
- Question 89: What are disadvantages of a performance-only merit increase?...
- Question 90: What is the key to successful interpretation of market surve...
- Question 91: Which statement is most accurate regarding the range penetra...
- Question 92: How is range spread calculated?...
- Question 93: What are some elements to consider when negative communicati...
- Question 94: Which of the following would raise a potential red flag duri...
- Question 95: How does the broadband structure support a new culture or cl...
- Question 96: What are the two elements of compensation?...
- Question 97: What are the three interrelated components that are importan...
- Question 98: What are two promotion types?
- Question 99: What are some timing schedules of a general increase or COLA...
- Question 100: What is a geographic pay differential?...
- Question 101: What is the appropriate method to communicate negative messa...
- Question 102: Why is it important for HR to be involved early in the M&...
- Question 103: Why is it important to speak with recruiters about their exp...
- Question 104: Awarding an employee a 10% increase in base pay for all hour...
- Question 105: How is range penetration calculated?...
- Question 106: What are the features of an automatic step rate plan?...
- Question 107: What are the steps to designing a market pricing approached ...
- Question 108: Which of the following is an accurate statement regarding th...
- Question 109: What best describes an objective of a merit pay program?...
- Question 110: How do you use the compensation philosophy?...
- Question 111: Why is it important to review current compensation for incum...
- Question 112: What are broadbands?
- Question 113: How do increases as a percent of midpoint work?...
Recent Comments (The most recent comments are at the top.)
anwer is b, c is incorrect