The situation in organization in which differences of individual pay with differ

Question

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

Options:

A . pay compression

B . grade compression

C . equity compression

D . matrix compression

Answer: Option A
Answer: (a).pay compression

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Question 1. The tangible components of compensation programs usually designed by the organization consists of....

Question 2. The position such as administrative, professionals and executive are classified as....

Question 3. The group of all the jobs which have the same worth of job are classified as....

Question 4. The graph which shows the relationship between job value, which is determined rates of pay survey and job evaluation poi....of pay survey and job evaluation points is classified as

Question 5. The factors that are common in group of jobs and are used to identify the value of job are called....

Question 6. The procedure of using less and more broad pay grades than the traditional system of compensation is classified as....

Question 7. The curve which is used to represent relationship between pay rate and experience is classified as....

Question 8. The compensation quartile strategy in which employer of organization pays below than market compensations is called....

Question 9. The compensation philosophy according to which the organization increase the salary of employees every year is called....

Question 10. The employee who is paid less than the specified range for the job is classified as....

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