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Which method of job evaluation uses multiple factor regression analysis that may be used to predict salary or grade levels for nonbenchmark jobs?

A.

Market pricing

B.

Ranking

C.

Job component

D.

Point factor

What are the two nonquantitative job evaluation methods?

A.

Ranking and classification

B.

Job component and point factor

C.

Market-based and job content

What are the two elements of compensation?

A.

Fixed, Variable

B.

Discretionary, fixed

C.

Fixed, Changeable

D.

Discretionary, Non-Discretionary

Corporate mission or vision is the first step to building the job worth hierarchy.

A.

True

B.

False

Which of the following best describes the relevant labor markets in which organizations compete for employees?

A.

They differ by job groups/levels.

B.

They are limited to the local market of operations.

C.

They are usually defined in terms of organization type. Ex nonprofit, privately owned, corporation.

Job documenation is best described as something that _________?

A.

Provides key information abut the nature of and level of work performed.

B.

Creates a job worth hierarchy using market data or job content

C.

Illustrates where each job fits, relative to other jobs.

D.

Includes written information about job content or the functions of the job and required knowledge, skills and abilities (KSAs).

E None of these

E.

All of these

What would typically be included under "nature of work" on a job description?

A.

Knowledge, skills and abilities

B.

Effort and behaviors

C.

Duties and responsibilities

D.

Working conditions

What is one of the steps in the point factor job evaluation method?

A.

Define thebudge that will be needed

B.

Define the degree levels within each compensable factor

C.

Define as many levels as possible within each factor to ensure an adequate degree of distinction.

D.

Determine the dependent and independent variables in theregression analysis for each degree level

Employee representatives are useful, but not mandatory in the jobanalysis process.

A.

True

B.

False

What is fixed pay?

A.

Non-discretionary compensation that does not vary according to performance or results.

B.

Non-discretionary compensation that varies according to performance or results.

C.

Compensation that never changes

D.

Compensation that is targeted only to certain groups.