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IRP 321 Compensation Management policies Objective Question
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Question

Which of the following are examples of 'compensable factors' identified through job analysis?
Options
A Organizational profit, market share, and customer satisfaction.
B Skills, experience, responsibility, and mental efforts.
Correct Answer
C Employee loyalty, team morale, and work-life balance.
D Company reputation, brand value, and strategic partnerships.
Correct Answer

Option B is the correct answer.

Detailed Explanation

Page 21 lists examples of compensable factors: 'skills/ competencies, experience, education/qualification, risk/hazards, responsibility, physical efforts, commitment, initiative, dedication, mental efforts, and loyalty'.

Hint

Compensable factors are attributes of the job or employee that the organization pays for.

Question Info

Course: IRP 321
Topic: Compensation Management policies
Type: Objective
Difficulty: Not specified
Question 55 of 59
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