True/False
External benchmarking is a job evaluation method that uses market pay data to identify the value of jobs based on what other employers pay for similar jobs.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q34: Ambrose, the vice president of compensation for
Q35: Typically, clerical and professional jobs are classified
Q36: Where jobs are the same or basically
Q37: Which of the following is NOT characteristic
Q38: Job evaluation provides a formal, systematic basis
Q40: There is an element that shows the
Q41: An advantage of the point method of
Q42: Which job evaluation method considers the entire
Q43: Compensation practices are simplified as organizations shift
Q44: Addressing the concept of pay equity involves