The __________ Approach to Pay Determination Uses Job Evaluation

question 167

Multiple Choice

The __________ approach to pay determination uses job evaluation.

• A) internal
• B) external
• C) comparable worth
• D) benefits

Evaluate the effectiveness of social networking for recruitment and job seeking.

Grasp the concept of the human capital perspective and its significance to competitiveness.

Understand current trends in HR, including decentralization and outsourcing.

Acknowledge the relationship between employee treatment, productivity, and turnover.

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Definitions:

Indemnification

Compensation for harm or loss, often part of contracts to protect against potential legal liabilities or damages.

Insurance Company

A business entity that provides financial protection or compensation to individuals or entities against losses or damages, in exchange for premium payments.

Insured

The individual or entity covered under an insurance policy, protected against specified risks and potentially eligible for claims settlement.

Medicare

A federally funded health insurance program for people 65 years and over who are eligible for Social Security.