The fitting of plotted points to create a smooth progression between pay grades is known as a ________.
A) job cluster
B) wage curve
C) wage range
D) pay range
Question 2In determining pay grades, each dot on a scatter diagram represents ________.
A) one job
B) one worker
C) a job cluster
D) a department
Question 3Which tool is frequently used by managers to determine the appropriate number of pay grades for a company?
A) bar graphs
B) pie charts
C) flow charts
D) scatter diagrams
Question 4As an HR manager, what tool would you most likely use to determine the compensation of employees found in competitor firms?
A) job analyses
B) job evaluations
C) labor statistic reports
D) compensation surveys
Question 5Which term refers to a grouping of similar jobs to simplify job pricing?
A) job analysis
B) pay range
C) pay grade
D) job pricing
Question 6Placing a dollar value on a job's worth is called ________.
A) job analysis
B) job enlarging
C) job evaluation
D) job pricing
Question 7Which of the following is an example of a pay mix policy?
A) less emphasis on both pay and employee benefits and more emphasis on non-financial compensation
B) more emphasis on pay equity between men and women
C) more emphasis on incentive pay than base pay
D) less emphasis on attaining market pay leadership
Question 8The market lag policy is one of three pay mix policy choices.
Indicate whether this statement is true or false.
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