Updating the market data to represent pay at the current or future date when the pay decisions will be implemented is called:Question 3Answera.matchingb.survey levellingc.aging/trending survey datad.broadbandinge.compensating

a.to survey current employees about their pay levelsb.to relate the organisation's pay rates to those for similar jobs in other organisationsc.to attract and keep the desired quality mix of employeesd.to ensure internal equity is achieved and maintained

Pay policies indicate the kinds of behaviour an employer seeks. This is a prediction of _____ labour demand theory.Question 5Answera.efficiency wageb.signallingc.compensating differentialsd.human capitale.reservation wage

They have decided to increase the salary this year.It has been decided to increase the salary this yearThis year salary has been decided to increaseSalary- has been decided to increase that yearThat year salary had been decided to be increased

Following a _____ is to pay the going rate for a particular job, within a particular market based on research and salary studies.Responsesmanagement fit policymanagement fit policymarket compensation policymarket compensation policyskills-based policyskills-based policycompetency-based policy

A policy to pay below market rates is known as a(n) _____ policy.Question 7Answera.payroll deductionb.edgec.market matchd.leade.lag