Which Component Is Associated with Pay Level

question 53

Multiple Choice

Which component is associated with pay level?

• A) Job evaluation
• B) Gainsharing plan
• C) Health care costs
• D) Standard of living

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Definitions:

Administering Benefit Packages

The process of managing and delivering employee benefit programs, including health insurance, retirement plans, and other perks.

Administrative Burden

The workload and stress associated with managing organizational policies, procedures, and paperwork.

Increased Uniformity

The process of making aspects such as procedures, policies, or products more consistent and standardized across an organization or industry.

Physiological Needs

Basic physical requirements for human survival, such as food, water, and shelter.