The Process Called "True Up" Is Used to Balance True

question 43

Short Answer

The process called "true up" is used to balance true expenses against payments made for this particular funding method.

Understand strategic considerations in setting pay levels and dealing with wage compression.

Grasp the importance of internal and external equity in compensation management.

Understand the role of job classifications and benchmarks in determining pay.

Recognize the significance of legislation on compensation strategies and practices.

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Definitions:

Electra Complex

In Freudian theory, the process by which young girls blame their mother for their “castrated” condition, transfer their love to their father, and compete with their mother for their father’s affection.

Primary Anxiety

a fundamental form of anxiety that is not a response to a specific stressor but rather a general sense of unease or dread.

Repression

A defense mechanism where unpleasant feelings, memories, or impulses are excluded from conscious awareness.

Differentiate Themselves

The process by which individuals or entities distinguish themselves from others in meaningful ways.