Moving Employees Through Pay Ranges Using Merit Increases Is More

question 16

True/False

Moving employees through pay ranges using merit increases is more popular than automatic progression.

---

Definitions:

Capacity Utilization

A measure of how effectively an entity uses its productive capacity. It's the percentage of total potential output that is actually being achieved.

Aggregate Planning

A marketing activity that aims to match supply and demand by adjusting production rates, workforce levels, and inventory levels, over a medium-range period.

Hire Workers

The process of recruiting, interviewing, and employing individuals to perform tasks or jobs within an organization.

Lay Off Workers

The process of temporarily or permanently removing employees from their positions due to economic downturns, organizational restructuring, or cost-cutting measures.