Exam 5: Job-Based Structures and Job Evaluation

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A criterion pay structure is a pay structure that can be duplicated with a point evaluation plan.

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The exchange value of a job is its _____.

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Focusing on the end product of the internal alignment process, the pay structure, is more important for acceptance of the results than focusing on the approach chosen.

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A job description is compared to class descriptions in the _____ of job evaluation.

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An advantage of the ranking method is that the basis for comparison is called out.

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Which of the following is NOT a characteristic of a benchmark job?

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One of the criteria for scaling compensable factors is to ensure that the number of degrees used is necessary to distinguish among jobs.

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What are the characteristics of a benchmark job?

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The _____ method of job evaluation uses compensable factors.

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Which of the following is a disadvantage of the point method?

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A representative sample of benchmark jobs will include the entire domain of work being evaluated and capture the diversity of the work within that domain.

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The number of job evaluation plans required depends only upon the number of employees in the organization.

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

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Most factor scales have _____ degrees.

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TreeWind Inc.is a bookstore that uses skill and responsibility as its compensable factors.It assigns 20 percent weight to responsibility and 80 percent weight to skill.If the responsibility factor scores a 60 after multiplying the subfactors with their corresponding weights, and if the skill factor has two subfactors that are rated as 4 and 5, what is the total weightage given to the job?

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Factors are scaled after factor weights have been assigned.

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What are the steps in designing a point plan?

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In the context of internal alignment, which of the following is the correct sequence?

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Research shows that the weights assigned to compensable factors can affect the resulting pay structure.

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

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