While conducting a market analysis survey for all positions in her organization, Ariana ahs been unable to find market data for a single incumbent job. Which process would be most useful for determining the pay grade for the job?
-slot the job into a pay grade with other jobs that have comparable job requirements
-place the job in the same pay grade as the current incumbent's salary
-send a survey to job incumbents to evaluate their compensation satisfaction
-create a new pay grade using the employee's salary as the midpoint
-ask the supervisor to review the job and place it in a pay grade
The hiring manage for an open position comes to you because he has made 3 offers to candidates but every one has been declined. the salary range for the open position is in line with his department staff's salary ranges. He is wondering if the starting pay rate he offered is competitive within the market. you determine that the compa-ratio for this position is 0.75. How can you explain what that means to the hiring manager?
-the starting pay rate is 25% below the industry average
-the starting pay rate is 75% below the industry average
-the starting pay rate is 25% above the industry average
-the starting pay rate is 75% above the industry average
-75% of employees in your organization are paid the industry average
-25% of employees in your organization are paid the industry average
Coral Manufacturing has decided to cross-train employees for shipping to production for potential job-sharing between these two departments. So far, no employees have volunteered to learn the new machines. Which approach is most likely to increase employees' willingness to cross-train?
-offer overtime pay for employees who cross train
-develop a rotation plan so that everyone works in all departments
-send managers through training on motivating employees
-tell employees that cross-training is required
-create a compensation plan that rewards employees for learning new skills