Establishing Strategic Pay Plans

A. external equity
B. primary equity
C. secondary equity
D. collective equity

A. long-term incentives
B. short-term incentives
C. pay scale
D. ranking jobs

A. company size
B. company performance
C. company internal equity
D. both A and B

A. skills
B. efforts and responsibility
C. working conditions
D. all of above

A. focal reviews
B. unvocal reviews
C. vocal reviews
D. local reviews

A. pay plan based on knowledge
B. pay plan based on skills
C. pay plan based on tenure
D. pay plan based on performance

A. competency based pay
B. time based pay
C. internship based salary
D. training based pay

A. internal equity
B. external equity
C. procedural equity
D. all of above

A. internal equity
B. external equity
C. procedural equity
D. collective equity

A. monetary funds
B. interest rate
C. inflation
D. deflation