Firms use many techniques for determining the wage structure for positions within the firm. Which of the following is not normally used by firms to determine their wage structures? a. International standards b. Job evaluation c. Comparable worth d. Wage surveys

Respuesta :

Answer:

a. International standards

Explanation:

Firms use many techniques for determining the wage structure for positions within the firm.

However International standards is not normally used by firms to determine their wage structures

Firms usually will consider Job evaluation outcomes before promoting staff to a new level which will better pay, hence wages culd be performance-based

They also use Comparable worth for workers who do the same job to earn the same pay

Wage surveys are also done to benchmark the level of wages paid by competitors within the same industry.

Answer:

a. International standards

Explanation:

Firms use several techniques in setting out the minimum and maximum pay that is attached to a particular grade or position, which serves as a salary structure to make reference to when it comes to effectively managing issues that have to deal with compensation. Firms do this using a number of ways which include the above listed options, however, international standards are not usually used by firms as pay wage usually reflect the geographical differences as well as dependent on the structure and organization of the firm.