Multiple Choice
A market pay line _____.
A) reflects an organization's pay scale based on the ratings given by its employees
B) links a company's benchmark jobs with market rates paid by competitors
C) provides an accurate prediction of an organization's entry level pay rates
D) compares an organization's minimum and maxi mum pay rates for each skill level
Correct Answer:
Verified
Correct Answer:
Verified
Q26: A pure market pricing strategy carried to
Q27: The _ minimizes the distortion of the
Q28: The second major decision in pay-level determination
Q29: A company using a skill-based pay system
Q30: A common first step in interpreting survey
Q32: What is a market line?
Q33: The first step in setting competitive pay
Q34: Smaller pay ranges may reduce the opportunities
Q35: All of the following are examples of
Q36: Career moves between bands are more common