Jason works at a call center for an insurance company, and he has been answering calls regarding auto insurance. Recently, he started to attend a training program about home insurance. Upon successful completion of this training program, Jason will be able to handle home insurance questions and queries as well. If this insurance company has a compensation policy that rewards Jason's completion of this training, then what type of pay system does it employ?

A. job summary

B. job context

C. job content

D. job structure

A. There is not enough information to make this determination.

B. The midpoint will be lower than the market average.

C. The midpoint will be the same as the market average.

D. The midpoint will be higher than the market average.

A. uses a trust to hold stock in individual employee accounts and distributes it to employees upon retirement

B. contributes company shares of its own stock or cash to be used to purchase company stock to a trust established to purchase shares of the firm's stock for employees

C. involves the firm regularly distributing a percentage of profits as profit shares to employees

D. provides tax advantages for employees by deferring income taxes, often until the employee retires

E. engages employees in a common effort to achieve a company's productivity objectives with any resulting cost-savings gains shared among employees and the company

A. compensation plan

B. regression analysis

C. compensation survey

D. strategic analysis

A. changes in employee benefits over time

B. pay rates that reflect both the company's and the external market's valuations of jobs

C. changes in wages and salaries over time

D. changes in labor costs between geographic locations

A. benchmark jobs

B. median pay

C. mean pay

D. market-competitive pay

A. internal pay scales

B. internal pay benchmarks

C. nominal pay rates

D. internal job structures