Emergent compensation strategy


Task: Please check for correctness. Provide any input so that I can understand. Milkovich, G., & Newman, J. (2013). Compensation (11 ed.). New York, NY: McGraw Hill.

Question 1: The human relations approach to management would recommend rewarding outstanding employee performance through:

a. piece rate compensation
b. incentive compensation
c. employee recognition
d. gain sharing
e. stock options

Question 2: An emergent compensation strategy differs from an articulated strategy in that the emergent strategy:

a. includes none of the decisions on pay techniques
b. is secondary to the training strategy
c. is inferred from the company's pattern of compensation decisions
d. tends to be the same for all organizations in an industry
e. is revised on an annual basis

Question 3: The wage associated with a specific job can be explained in part by:

a. the supply of people with the necessary skills
b. the demand for labor
c. relationships among jobs within an organization
d. societal norms
e. all of the above

Question 4: Fairness of the results produced by a pay structure is known as:

a. egalitarianism
b. procedural justice
c. distributive justice
d. exchange value
e. social justice

Question 5: Internal job structures are based on:

a. market wages
b. organization design and work flow
c. level of compensation
d. just wages
e. what other employers are paying.

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