To Make Merit Increases Consistent, Administrators of Merit Pay Programs

question 112

Multiple Choice

To make merit increases consistent, administrators of merit pay programs must closely monitor the compa-ratio and the

• A) number of grades in the pay structure.
• B) individual's performance ratings.
• C) number of new hires in the company.
• D) company's stock price in the current financial year.
• E) average pay of the area where the organization is based.

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Definitions:

Creativity

The ability to produce original and unusual ideas, or to make something new or imaginative.

Openness to Experience

A personality trait that signifies how much a person is open to new experiences, novelty, and variety in life.

Personality Test

A method used to assess an individual's character traits and behavioral tendencies.

Real Estate Company

A business that engages in the buying, selling, management, or investment of real estate properties.