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Factors in External Pay Equity and Employee Selection Techniques

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Factors in External Pay Equity and Employee Selection Techniques

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Questions and Answers

Which type of compensation includes benefits like healthcare and retirement?

Variable Compensation

Incentive Compensation

Indirect Compensation (correct)

Direct Compensation

What is the importance of validity in employee selection processes?

Predicting successful on-the-job performance (correct)

Determining the competitiveness of the current salary skew

Complying with legal obligations

Ensuring equal pay for equal work

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

Determining factor weights

Assessing the similarity between predictor and criterion scores

Evaluating the logic of prediction behaviors

Comparing jobs to the external market (correct)

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

Attractiveness of the current salary skew Signup and view all the answers

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 Signup and view all the answers

How does job crafting relate to job descriptions in organizations?

It is a process of unofficially adjusting job duties based on interests and skills Signup and view all the answers

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

Promoting employees without considering their competencies Signup and view all the answers

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

Comparing job worth within the organization to ensure fair pay Signup and view all the answers

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

To study the effects of lighting conditions on workers' efficiency Signup and view all the answers

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

Wilhelm Wundt Signup and view all the answers

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

Tremendous advances in aircraft, tanks, and ships Signup and view all the answers

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

Anticipate the opponent's strategy Signup and view all the answers

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) Signup and view all the answers

What is the primary purpose of job analysis?

To collect and analyze information about a job Signup and view all the answers