Published on June 23, 2015
1. Question : The term “going rate” implies that there is 2. Question : In the following array of data, which value is the 9th decile? 3. Question : Many specialists who make extensive use of survey data believe that _______ values provide valuable information for establishing minimum and maximum pay values for a job or a grade. 4. Question : The optimal number of pay grades to be included within a pay structure is 5. Question : The term “sore thumbing” when applied to the job evaluation process relates to 6. Question : The spread of a range within a pay grade will normally vary anywhere from _____ to _____ percent on either side of the midpoint of a pay scale. 7. Question : A compensation scatter diagram plots the points or dots on a chart where each point represents a 8. Question : Which one of the following statements best describes compensable factors? 9. Question : Relatively new or different jobs in which demand far exceeds the supply of qualified applicants are known as 10. Question : Which of the following job evaluation systems is the easiest to implement but potentially the most discriminating?