After Determining Whether One Is Hiring Someone for an Hourly

question 77

True/False

After determining whether one is hiring someone for an hourly or salaried position,one of the first steps in developing a compensation plan is to determine the organization's salary philosophy.

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Definitions:

Behaviors

Actions or reactions of an individual or group in response to external or internal stimuli.

Specific

Clearly defined or identified; not vague or general, often used in the context of goals, objectives, or descriptions that are precise and detailed.

Job Involvement

The degree to which an individual is engaged, enthusiastic, and interested in their work.

Rational Commitment

A form of commitment based on logical reasoning from an individual about the benefits of maintaining a relationship or agreement.