CH 13 Flashcards
1
Q
compensation administration
A
process thru EE’s are paid, Govt remits are calc. and other agencies are paid
2
Q
technical premiums
A
Compensation measures that increase the compensation of technical employees
3
Q
spiral career paths
A
Career advancement marked by a combination of sideways and vertical progression
4
Q
average employee earnings
A
Total compensation divided by the number of full-time equivalent employees.
$$ / #EE
5
Q
compensation cost ratio
A
The ratio of total compensation costs to total costs or to revenues.
$$ / total costs
6
Q
Initial Dip
A
A tendency for performance to decline during the initial stages of any change.
