Which is the fundamental principle of internally consistent compensation systems?

A. job summary

B. job context

C. job content

D. job structure

A. It rewards employees on their promise to make positive contributions to the work place.

B. A reward is based on the successful acquisition of work-related skills or knowledge.

C. It compensates employees for the number of jobs in which they possess the skills to perform.

D. It compensates employees for the jobs they currently perform.

A. market monopolies and lower labor costs

B. market monopolies and company turnover

C. smaller labor markets and strategic outlines

D. technological innovations and increased global competition

A. pay grades

B. pay ranges

C. pay levels

D. pay structures

A. multiple-tier pay system

B. pay compression

C. broadbanding

D. two-tier pay system

A. internally consistent compensation systems

B. market-competitive pay systems

C. job evaluation compensation systems

D. externally consistent compensation systems

A. compensation plan

B. regression analysis

C. compensation survey

D. strategic analysis