The Process of Determining a Cost- Effective Pay Structure That

question 111

Multiple Choice

The process of determining a cost- effective pay structure that will attract and retain competent employees, provide an incentive for them to work hard, and ensure that pay levels will be perceived as fair is known as

• A)salary.
• B)wages.
• C)compensation administration.
• D)employee benefits.

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Definitions:

Cognitive Uncertainty

Involves the lack of clarity or the presence of ambiguity in understanding one's thoughts or the cognitive aspects of situations.

Social Cognition

The process by which people process and interpret information about others and themselves in a social context.

Valued Beliefs

Principles or convictions held to be of important worth by an individual or group.

Desire

An intense desire to possess something or a deep hope for something to occur.