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The Equal Pay Act of 1963 was passed to achieve pay equity between men and wome

The Equal Pay Act of 1963 was passed to achieve pay equity between men and women.

22.When designing a base pay system, it must be both internally equitable and competitive with the external labor market.

23.Job evaluation provides a formal, systematic basis for determining the market value of jobs and establishing external pay equity in the organization’s compensation system.

24.The ranking method typically ranks jobs in value to the organization based on three or four compensable factors.

25.An advantage of market pricing is that it has high face validity with employees and seems to be more objective than traditional job evaluation methods.

26.External benchmarking is a job evaluation method that requires each job in the organization be matched with an equivalent job in the labor market.

27.Employers often use outside consultants to conduct pay surveys to avoid charges that the employers are attempting "price fixing" on wages.

28.Typically, clerical and professional jobs are classified in the same job family because they are both white-collar, office occupations.

29.Broadbanding is most appropriate in a traditional, hierarchical organization where the managers have careers based on steady advancement and promotions.

30.A green-circled employee is an incumbent whose pay raises should be accelerated so that he/she can reach the pay grade minimum..

Dec 13 2019 Read more Less More

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