Which of the Following Is True of a Pay Adjustment

question 96

Multiple Choice

Which of the following is true of a pay adjustment matrix?

• A) It reflects an employee's horizontal movement in an organization.
• B) It is used to determine the compensation benchmark for a particular industry.
• C) It is used to determine the compensation benchmark for a particular organization.
• D) It reflects an employee's vertical movement in an organization.

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Definitions:

Implementation Costs

Expenses associated with putting a newly adopted system, plan, or policy into effect.

Arbitrage

The practice of buying and selling assets in different markets or in different forms to profit from price discrepancies.

Confirmation Bias

Searching for (and giving more weight to) information and opinion that confirms what you believe rather than information and opinion to the contrary.

Over-Optimism

A tendency to have an overly positive outlook or expectations, particularly regarding projects or financial forecasts.