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One goal of compensation professionals is to ensure ________________, or that compensation polices fit with business objectives (a feature that is vital to the attraction and retention of employees).

When conducting a job analysis, _____________ are the minimum qualifications and KSAs that employees must have to perform the job (e.g., education, experience, etc.).

Your boss has come to you for advice on redesigning the company’s compensation and benefits system. First, please provide your boss with a brief description of the main elements of a compensation and benefits system. Next, suggest one pay basis and one benefit option and explain what impact the combination is most likely to have on employees in terms of motivation, satisfaction, and other outcomes likely to be affected by the combination you’ve selected.

Annie recently applied for a position as a greeter at Walmart but did not get the job.  At only 21 years of age, Annie suspects she may have discrimated against because she is so young.  Using your knowledge of the Age Discrimination in Employment Act of 1967, what would you tell Annie?

Beowulf Financial Services provides consulting to clients in a variety of financial domains.  Frances, an investment services analyst at BFS, receives weekly customer satisfaction surveys from clients.  She also has monthly meetings with her supervisor to discuss performance, and she is required to also complete a self-assessment every fiscal quarter.  What type of performance appraisal system is being used at BFS?

Group incentive plans may pay employees the same payout amount, regardless of any individual differences in contribution toward performance.  This represents what type of allocation rule?

When summarizing compensation survey data, it is helpful to look at measures of ____________ or the amount of spread or dispersion in a data set.

Your company’s compensation system pays less for jobs that are of less strategic value to the company, while jobs that require more responsibility and are of more strategic value to the organization are paid more.  Based on this information, we can deduce that your company’s pay structure is _______________.

You are hired as a compensation specialist to conduct job analyses.  Using a single job analysis method, you see consistent results under similar conditions, leading you to proclaim the job analysis method as ______________.

Tom is a vacuum salesman.  He is also very risk averse, meaning he prefers to keep the amount of risk in his life.  Knowing this, which of the following types of sales compensation would you recommend to Tom?