Question: Total compensation can be calculated as: Total Compensation = Salary + Variable Total Compensation = Salary + Benefits Total Compensation = Salary + Variable +

Total compensation can be calculated as:

  • Total Compensation = Salary + Variable
  • Total Compensation = Salary + Benefits
  • Total Compensation = Salary + Variable + Benefits
  • Total Compensation = Salary + Benefits + Perks

What is a networked career?

  • Employees change jobs frequently, sometimes changing functions and industries
  • Employees stay in a static job, moving up in their career with one company
  • Employees change jobs frequently because they are not satisfied with their career
  • Employees stay in a static job because they have no need to change jobs

Which of the following is NOT a historically-used structured pay grade?

  • Individualistic environments
  • Upward mobility
  • Static immobility
  • Linear careers

How is the Compa-ratio calculated?

  • By dividing the midpoint of the range by the pay grade
  • By multiplying the average pay for the pay grade by the midpoint of that range
  • By dividing the average pay for the pay grade by the midpoint of that range
  • By subtracting the average pay from the midpoint of the pay grade

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