A.  

Market adjustment

B.  

Longevity

C.  

Individual performance

D.  

Skills

A.  

Caring for dependents

B.  

Culture change

C.  

Corporate citizenship

D.  

Internal sharing

A.  

The ordering of jobs from highest to lowest

B.  

The market wage for a particular job compared to a specific company's wage for the job

C.  

The adjustments to midpoints based on geographic differentials

D.  

The difference in wage rates paid at the midpoint of two adjacent grades

A.  

Hourly rate

B.  

Salary

C.  

Piece rate

D.  

Bonuses

A.  

To identify a compensation range in which to group multiple jobs with similar value

B.  

To meet legal and regulatory requirements for classifying jobs according to market value

C.  

To provide documentation that supports termination decisions

D.  

To justify paying some employees less than market based on internal administrative limitations

A.  

Performance standards

B.  

Human resources strategy

C.  

Performance measures

D.  

Business strategy

A.  

Mental health coverage and health care coverage

B.  

Pay for time not worked and income protection programs

C.  

Unemployment and disability

D.  

Defined contribution and defined benefits plans

A.  

Once a year at the annual performance review

B.  

Once a day, preferably early in the morning

C.  

On an ongoing basis as appropriate

D.  

Only as often as is comfortable for the supervisor

A.  

Individual performance is unrelated to organizational performance.

B.  

The poor performance of just one individual will disrupt the performance of the entire organization.

C.  

Performance at every level should be aligned towards achievement of organizational goals.

D.  

Performance can only be accurately measured at the organizational level.

A.  

A contribution of money to a nonprofit entity where a company employee volunteers

B.  

A donation of vacation time to others facing emergency situations

C.  

An arrangement to ensure adequate coverage of service during employees' vacations

D.  

An executive loan to worthy organizations for a period of time

A.  

Gift certificates

B.  

Telecommuting

C.  

Company merchandise

D.  

Flexible work schedules

A.  

They include incentives that are paid out at certain times of the year

B.  

They identify the actual compensation paid to each employee

C.  

They may overlap with minimums and maximums falling within adjoining grades

D.  

They represent the difference between the midpoint and the maximum of a given salary grade

A.  

Fixed pay and variable pay

B.  

Base pay and annual incentives

C.  

Direct and indirect compensation

D.  

Salary and hourly rate