Factors in External Pay Equity and Employee Selection Techniques

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14 Questions

Which type of compensation includes benefits like healthcare and retirement?

Indirect Compensation

What is the importance of validity in employee selection processes?

Predicting successful on-the-job performance

In the context of compensation factors, what is the primary focus of External Pay Equity?

Comparing jobs to the external market

Which factor is NOT considered during employee selection according to the text?

Attractiveness of the current salary skew

What is the purpose of job competencies divided into two sections as mentioned in the text?

To specify competencies needed for employee selection and training

How does job crafting relate to job descriptions in organizations?

It is a process of unofficially adjusting job duties based on interests and skills

What is the significance of the Peter Principle in relation to employee promotion?

Promoting employees without considering their competencies

In the context of job evaluation, what is meant by internal pay equity?

Comparing job worth within the organization to ensure fair pay

What was the purpose of the Hawthorne Studies conducted by Elton Mayo?

To study the effects of lighting conditions on workers' efficiency

Which psychologist adapted the Stanford-Binet test with Walter Van Dyke Bingham for mass testing during WWI?

Wilhelm Wundt

During World War II, what renewed interest in ability testing and accurate job placements?

Tremendous advances in aircraft, tanks, and ships

What was the responsibility of spies working under the Office of Strategic Services (OSS) during WWII?

Anticipate the opponent's strategy

Which era in industrial psychology was characterized by a focus on fairness in hiring practices and protection against adverse impacts?

Civil Rights Era (1964-present)

What is the primary purpose of job analysis?

To collect and analyze information about a job

Learn about determining factor weights for external pay equity, comparing job salaries to the market, and using salary surveys. Explore the classifications of compensation and techniques for employee selection processes.

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