Question Detail

IRP 321 Compensation Management policies Objective Question
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Question

How are internal and external relativities established in compensation management?
Options
A Internal relativities are established by market surveys, external by job analysis.
B Both internal and external relativities are established solely by negotiation.
C Internal relativities by job analysis/evaluation, external by market survey.
Correct Answer
D Internal relativities by government regulations, external by company policy.
Correct Answer

Option C is the correct answer.

Detailed Explanation

Page 22 states, 'Job analysis and job evaluation will establish internal relativities /equities while market survey can be used to ensure external relativities in pay.'

Hint

Consider which tools help compare jobs within an organization versus comparing them to the external market.

Question Info

Course: IRP 321
Topic: Compensation Management policies
Type: Objective
Difficulty: Not specified
Question 34 of 59
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