A Pay Policy Line

Multiple Choice

A pay policy line:

A) shows the mathematical relationship between the minimum pay and the maximum pay in an organization.
B) can be generated using a statistical procedure called regression analysis.
C) requires market-pay-rate data on all jobs in the organization.
D) can be used to estimate the minimum pay level for a given job evaluation.
E) reflects the pay structure in the market, which always matches rates in the organization.