Q406
Match the following. List-I (Industry Profession) List-II (Pay Plan) a. A pay plan in which most employees are part of the same compensation system 1. Elitest pay system b. A pay plan in which different compensation system are established for employees or groups at different organisational levels 2. Skill based pay c. A pay system in which employees are paid on the basis of the jobs they can do 3. Egalitarian pay system d. The perceived fairness of the pay structure within a firm 4. Internal equity
Match the following.
| List-I (Industry Profession) | List-II (Pay Plan) |
| a. A pay plan in which most employees are part of the same compensation system | 1. Elitest pay system |
| b. A pay plan in which different compensation system are established for employees or groups at different organisational levels | 2. Skill based pay |
| c. A pay system in which employees are paid on the basis of the jobs they can do | 3. Egalitarian pay system |
| d. The perceived fairness of the pay structure within a firm | 4. Internal equity |
A.
a-1, b-2, c-3, d-4
B.
a-3, b-1, c-2, d-4
AnswerC.
a-1, b-3, c-2, d-4
D.
a-3, b-2, c-1, d-4
Answer: Option B
Solution
Answer: Option B
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