Quiz questions
Which of the following statements is true about market pricers?
-They align pay structure with the business strategy -the pay structures are unique and difficult to imitate -they assume that little value is added through internal alignment -they emphasize pay structure based on unique technology or the way work is organized
A pure market strategy carried to its extreme tends to ignore internal alignment completely, true or false?
True
Pay ranges for managerial jobs are larger than the ranges for other jobs because these jobs have greater opportunity for both discretion and performance than lower-level jobs, true or false?
True
Regression smoothes large amounts of data while minimizing variations, true or false?
True
A markety pay line___
links a company's benchmark with market rates
The ___ pay strategy emphasiez external competitiveness and deemphasien internal alignment?
market pricing