Reference no: EM13880710
Question 1. A compensation scatter diagram plots the points or dots on a chart where each point represents a
wage grade
job rate of pay
class level
point of central tendency
Question 2. Which of the following job evaluation methods is not one of the whole job method?
ranking method
market-pricing method
factor comparison method
position classification method
Question 3. The optimal number of pay grades to be included within a pay structure is
10
25 to 30
18
there is no right number
Question 4. Which of the following should be provided for in salary ranges?
longevity increases
growth opportunity over time
little or no salary growth
cost of living adjustments
Question 5. Which one of the following organizational qualities is least valuable in determining who should participate in a pay survey?
major employers
organization that appears to attract surveying organization's employees
organizations that have many similar kinds of jobs
including the organization recognized as the lowest payer in the labor market area
Question 6. A possible solution to market pay demands for the job in high demand where the internally evaluated worth of the job is out of line with the market demand rate is to establish
an overlapping pay structure
multiple pay structures
a bimodal distribution
a shadow range
Question 7. Normally the best technique for collecting compensation survey data, considering time required, costs, and accuracy, is
telephone survey
completion of a questionnaire during a personal interview
mailed questionnaire
a conference with a group of compensation specialists
Question 8. The "average" of a group of numbers is the same as its
mode
mean
median
middle value
Question 9. The pay of which one of the following groups of workers would be least likely to be influenced by regional or national labor markets?
engineers
clerical
skilled trades
technicians
Question 10. Characteristics of key or benchmark jobs include all but which one of the following?
unique to the company
common throughout the industry
contain large numbers of incumbents
representative of the entire pay structure
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