Market-competitive pay plan using point-factor method

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Reference no: EM132082008

1. Which of the following will serve as the anchor against which all other jobs will be? compared?

A. Compensable factors

B. Job ranks

C. Competitiveness

D. Benchmark jobs

E. Worth of each job

2. What is the first step to using ranking as a job evaluation? method?

A. Rate skills and combine the ratings.

B. Conduct a job analysis.

C. Determine compensable factors.

D. Identify job specification.

E. Identify job clusters.

3. Which job evaluation method groups jobs as having the approximate same value for pay? purposes?

A. Job classification

B. Grade definition

C. Benchmarks

D. Ranking

E. Point method

4. What is the first step in developing a? market-competitive pay plan using the? point-factor method?

A. Review job descriptions and specifications.

B. Assign points to key job factors.

C. Choose benchmark jobs.

D. Evaluate the jobs.

E. Select compensable factors.

Reference no: EM132082008

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