Which Element Establishes an Organization's Pay Structure

question 52

Multiple Choice

Which element establishes an organization's pay structure?

• A) pay ranges and pay differentials
• B) cost control and equity
• C) legal requirements and job descriptions
• D) individual salaries of its employees
• E) job structure and pay level

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Definitions:

Payroll

The total amount of wages and salaries paid by a company to its employees.

Fundamental Analysis

Assessment of firm value that focuses on earnings and dividends prospects, expectations for future interest rates, and risk evaluation.

Earnings

The amount of money that a company makes during a specific period, usually defined as profit after all expenses have been subtracted from revenue.

Dividends

Payments made by a corporation to its shareholder members, typically a portion of the earnings decided by the board of directors.