HRM453 COMPENSATION

A pay structure helps an organization achieve goals related to employee motivation

• T

• F

The pay offered by an organization is not limited by its presence in a product market

• T

• F

Organizations use pay surveys to benchmark compensation

• T

• F

According to equity theory, employees evaluate job outcomes such as compensation in terms of their inputs.

• T

• F

Key jobs are those that are uncommon and have unstable content among many organizations, making them very difficult to evaluate using pay surveys.

• T

• F

Implementing broad bands increases the opportunities for promoting employees

• T

• F

Skill-based pay systems encourage employees to add to their knowledge.

• T

• F

Issues affecting an organization's pay structure do not affect its reputation in general

• T

• F

Incentive pay is specifically designed to energize, direct, or maintain employees' behavior and is influential because the amount paid is linked to certain predefined behaviors or outcomes.

• T

• F

A straight piecework plan pays a worker based on the amount of product produced

• T

• F