Which of the Following Is a Disadvantage of the Pay

question 62

Multiple Choice

Which of the following is a disadvantage of the pay grade approach?

• A)The administrative burden of setting separate rates of pay for numerous employees is increased.
• B)It is inflexible when it comes to moving employees from job to job.
• C)Demotions are not well received in a pay grade system when compared to a job-based system.
• D)It might give rise to some jobs being underpaid and some being overpaid.
• E)It does not recognize that performance difference in the higher levels has much impact on the organization.

Explain the concept of self-efficacy and its impact on behavior, motivation, and academic performance.

Recognize the role of cognitive processes in behavioral responses according to Skinner's theory.

Discuss the effects of collective efficacy on group dynamics and individual actions.

Analyze the relationship between self-efficacy, career choices, and job performance.

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Definitions:

Voting Shares

Shares of a corporation’s stock that give the shareholder the right to vote on matters of corporate policy and the election of the board of directors.

Patents

Legal protections granted to inventors, giving them exclusive rights to use, sell, and manufacture their invention for a certain period.

Equipment

Tangible assets used in the operations of a business, not intended for sale, such as machinery or office computers.

Controlling Interest

Ownership interest in a business entity through holding more than 50% of its voting shares, granting the ability to control decisions and policies.