Exam 5: Job-Based Structures and Job Evaluation

A company changes its strategy to be more "lean" and efficient,which may include some resizing in terms of employee strength.What should the company do about the compensable factor "scope of responsibility" that is measured by the number of subordinates?

Since business strategies may change often,compensable factors should rarely be added or deleted.

One way of evaluating a managerial job's multinational responsibilities would be to rate the percent of time spent on multinational issues.

Which of the following is the correct sequence?

Acceptance of compensable factors by top management is most important since they are responsible for company profit.

Which of the following compensable factors can be used in both the Hay plan and the generic factors of the Equal Pay Act?

When a statistical process is used to duplicate an existing pay structure,it is called:

A small organization is most likely to use _____ for job evaluation.

Compensable factors refer to:

For managers,the most important issue regarding job evaluation is the statistical validity of job evaluation.

Discuss the two methods of ranking.

The _____ method of job evaluation uses compensable factors.

When an organization changes its strategy and goals,job evaluation helps workers understand what is important in their work.

The most widely used point method job evaluation is the:

In the point method,the second step in designing the plan is to:

The NEMA plan explicitly states that the compensable factor experience should be correlated with tenure.

Exchange value of a job is its _____

The statement above is an example of _____ of job evaluation.

By answering the question,"How does this job add value?" job evaluation best:

The primary reason for documenting employee and supervisor views of compensable factors is to meet requirements of the Equal Pay Act.