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T4 Questions and Answers

Question # 1

Which statement best describes the difference between pay for knowledge systems (PKS) and job-based pay systems?

A.

Pay for knowledge systems involve basing pay on the capabilities of individuals, and job-based pay is based on the characteristics of the job.

B.

Pay for knowledge systems are applied to managerial employees, and job-based pay is applied to operational-level employees.

C.

Pay for knowledge systems are more widely used by Canadian firms than job-based pay systems,

D.

Pay for knowledge systems involve low training costs and are easier to administer than job-based pay systems,

Question # 2

As a general rule, organizations using a high-involvement managerial strategy use indirect pay as a way to encourage which of the following relationships?

A.

employer-community relationship

B.

employee-task relationship

C.

employer-employee relationship

D.

employer-union relationship

Question # 3

Which of the following would be most effective for communicating a complicated new retirement plan design?

A.

Group meeting

B.

Plan document

C.

Webcast

D.

E-mail

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