Which Phase in Compensation Management Involves Understanding the Elements of the Job

question 27

Multiple Choice

Which phase in compensation management involves understanding the elements of the job and the skills needed to conduct the job?

• A) reviewing job analysis information
• B) establishing the compensation philosophy
• C) determining compensable factors
• D) matching employees to pay
• E) pricing jobs

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Definitions:

Generalizability

The extent to which findings or conclusions from a study can be applied to broader contexts beyond the study settings or subjects.

Replication

The process of repeating a research study or experiment with the aim of finding out if the original findings can be reproduced and thus validated.

Double-Blind

A study or clinical trial design in which neither the participants nor the experimenters know who is receiving a particular treatment, to prevent bias.

Experimental Study

A research methodology that assesses the cause-and-effect relationship between manipulated independent variables and measured dependent variables in a controlled environment.