51.Many organizations, including the military, base their compensation plans on ________.
a.job pricingc.pay grades
b.single pay rated.broadbanding
52.A __________ is the range of possible pay for a group of jobs.
a.job pricec.pay grade
b.single pay rated.broadband
53.A _________ is derived from factors including education, tasks performed, and required skills and abilities.
a.job pricec.pay grade
b.single pay rated.broadband
54.A __________ clarifies compensation by communicating what an employee’s base compensation will be based on, and how long they hold the job.
a.job pricec.pay grade
b.single pay rated.broadband
55.__________ is the use of very wide pay grades to increase pay flexibility.
a.Job pricingc.Pay grade reckoning
b.Single pay rate tiersd.Broadbanding
56.__________ was popularized in the 1990s to support flatter, faster, de-bureaucratized organizational cultures and to empower managers to make compensation decisions.
a.Job pricingc.Pay grading
b.Single pay ratingd.Broadbanding
57.The successful adoption of __________ requires managers to be trained in the approach as this method puts them in charge of the majority of pay decisions
a.job pricingc.pay grading
b.single pay ratingd.broadbanding
58.__________ equity is evaluated both internally and externally.
a.Compensationc.Employee
b.Internald.External
59.__________ equity exists when employees perceive their pay to be fair relative to the pay of other jobs in the organization.
a.Compensationc.Employee
b.Internald.External
60.__________ equity refers to the perceived fairness of the relative pay between employees performing similar jobs in the same organization.
a.Compensationc.Employee
b.Internald.External