L11 Strategic pay

Wages, salaries, incentives, commissions, and bonuses are known as which of the following?

• A)   Indirect deposits

• B)   Indirect financial payments

• C)   Variable payments

• D)   Direct deposits

• E)   Direct financial payments

An employer ensures that they are gender-neutral in devising salaries for jobs that are both male- and female-dominated. Which type of legislation is the employer adhering to?

• A)   Comparable worth

• B)   Pay equity

• C)   External equity

• D)   Internal inequity

• E)   Broadbanding

Fareena runs a small manufacturing company. A worker hurt his hand on a vertical grinding machine. Fareena filed the proper legal documents quickly so that the worker could receive benefits while recovering from his injury. Which type of legislation did Fareena adhere to?

• A)   Pay equity

• B)   Workers' compensation

• C)   Human rights

• D)   Overtime pay

• E)   Pensions

Who do unions think is best able to judge the relative value of a job?

• A)   The immediate manager

• B)   The HR manager

• C)   The top company executives

• D)   The workers themselves

• E)   A third-party labour consultant

Julien and Bernard, friends in the same commerce program, find similar summer jobs at different banks at the end of their winter school terms. Julien learns that Bernard's compensation is 11% more than what he is being paid. Julien feels that this employer provides unfair compensation and begins looking for a new job; what is this an example of?

• A)   Pay equity legislation

• B)   Controllable equity

• C)   External equity

• D)   Comparable equity

• E)   Internal equity

Joe and Kiran work the same or very similar jobs within the same company. Kiran is a stronger performer than Joe, and has consistently been a stronger performer. Kiran gets paid 10% more than Joe, but neither of them feel that the pay difference is unfair, given the performance differences. What comparison is being used in this example?

• A)   Pay equity legislation

• B)   Procedural equity

• C)   External equity

• D)   Individual equity

• E)   Employment equity

Sanem's job as a corporate trainer involves a lot of travel. What compensable factors would this fall under?

• A)   Skill

• B)   Effort

• C)   Accountability

• D)   Responsibility

• E)   Working conditions

There are 15 barbershops in a specific geographic region that all compete for clients and employees. Most of these businesses periodically conduct salary surveys. Most businesses want to be market leaders on pay, thinking that they can attract and retain staff if they pay more than the competitor. What is the likely impact on rates of pay for local barbers in the region?

• A)   Discriminatory practices may dominate the industry.

• B)   Pay rates will increase over time.

• C)   Pay rates will decrease over time.

• D)   Stereotyping will occur.

• E)   Pay rates will remain constant over time.