Exam 8: Evaluating Jobs: the Point Method of Job Evaluation
Exam 1: A Road Map to Effective Compensation46 Questions
Exam 2: A Strategic Framework for Compensation45 Questions
Exam 3: A Behavioural Framework for Compensation46 Questions
Exam 4: Components of Compensation Strategy46 Questions
Exam 5: Performance Pay Choices46 Questions
Exam 6: Formulating the Reward and Compensation Strategy46 Questions
Exam 7: Evaluating Jobs: the Job Evaluation Process45 Questions
Exam 8: Evaluating Jobs: the Point Method of Job Evaluation45 Questions
Exam 9: Evaluating the Market45 Questions
Exam 10: Evaluating Individuals46 Questions
Exam 11: Designing Performance Pay Plans45 Questions
Exam 12: Designing Indirect Pay Plans45 Questions
Exam 13: Activating and Maintaining an Effective Compensation System45 Questions
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The primary drawback associated with using the point method of job evaluation is that it provides an illusion of a scientific process when in fact the method relies significantly on the judgment of evaluators in selecting appropriate weights
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(True/False)
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Correct Answer:
True
Which compensable factor would you include under the main category of "working conditions"?
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(Multiple Choice)
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Correct Answer:
A
What is a negative consequence of clustering jobs into pay grades?
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(Multiple Choice)
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Correct Answer:
C
The pay policy line is used to establish which pay structure component?
(Multiple Choice)
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The following are hypothetical points provided to the following jobs: ∙ heavy-duty mechanic: 900
∙ human resource specialist: 900
∙ technician: 900
The organization sees these positions as having equal value from a base pay perspective; hence,there is no difference in pay.What term best describes the grouping of these jobs?
(Multiple Choice)
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What does the correlation coefficient of the market pay line tell you?
(Multiple Choice)
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Which of the following is NOT a component of the point method of job evaluation?
(Multiple Choice)
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After reviewing pay ranges for your organization,you realize a significant number of pay ranges do not overlap or do not connect.For example,the maximum of the pay range for pay grade number 2 is $50,000 and the minimum range for pay grade number 3 is $60,000.00.What is a potential root cause of this issue?
(Multiple Choice)
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The textbook identifies four possible pitfalls associated with the point method of job evaluation.Which category of pitfalls would include a situation whereby the factor is poorly defined,creating a situation in which the evaluator is not clear what the factor is designed to pick up?
(Multiple Choice)
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In calibrating job evaluation results with the market,we select "key" organizational jobs for market comparisons.What are these "key" jobs called?
(Multiple Choice)
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One possible solution to excessive pay scale overlaps is to ensure that the maximum pay in a lower scale is less than the midpoint of the next higher pay scale
(True/False)
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What type of gender bias problem is exemplified by the belief that "any of the skills needed to work with young children should not be highly rated because care giving comes natural to women"?
(Multiple Choice)
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Four main categories of compensable factors are used widely in industry.Which of the following could be included in the skill category?
(Multiple Choice)
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Under the point method scheme of job evaluation,what is the main characteristic that distinguishes one job from another thereby making a job more valuable to an organization?
(Multiple Choice)
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Assume that options (a),(b),(c),and (d)below represent degree 1,2,3,and 4,respectively,for the formal education factor on your summary rating chart for the point method of job evaluation.Based on the degree definitions,which of the following degrees is arranged out of place on the chart?
(Multiple Choice)
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The final step in developing a job evaluation system using a point method requires that the job hierarchy scheme meet certain criteria,including validity and market fit.
(True/False)
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