Chapter 8 Quiz Flashcards
Which of the following is NOT a component of the point method of job evaluation?
a. compensable factors
b. total points
c. factor degrees
d. competencies
d. competencies
Four main categories of compensable factors are used widely in industry. Which of the following factors could be included in the skill category?
a. John is often exposed to chemicals
b. Marie needs to solve a variety of problems at work
c. Dwayne is held accountable for error rates
d. Dolores often has to be able to lift 25 kg boxes
b. Marie needs to solve a variety of problems at work
Under point method scheme of job evaluation, what is the main characteristic that distinguishes one job from another thereby making a job more valuable to an organization?
a. market comparators
b. regression analysis
c. base pay structure
d. point scores of jobs
d. point scores of jobs
Which of the following compensable factors would you include under the main category of “working conditions
a. requirements associated with being exposed to health hazards
b. requirements associated with educational levels
c. requirements associated with being responsible for the safety of coworkers
d. requirements associated with having to produce certain levels of output
a. requirements associated with being exposed to health hazards
2,000 points are distributed between compensable factors, based on the following: edcuation 750 points, time pressure 350 points, customer contact 500 points, and communication skills 400 points. Which step in developing a job evaluation system using the point method recognizes these variations in importance?
a. defining factors
b. weighting the factors
c. scaling the factors
d. testing the system
b. weighting the factors
Which of the following is NOT a test used to determine the validity of the job evaluation system?
a. reliability
b. calibrating the market
c. estimating total compensation costs
d. feedback surveys
d. feedback surveys
What does the market line determine?
a. whether the firm should lead, lag, or match the market
b. the relationship of job evaluation results to market pay rates
c. the relationship of job evaluation results to a firm’s pay grades
d. a pay rate based on a market survey
b. the relationship of job evaluation results to market pay rates
Which of the following is NOT a source of gender bias associated with developing a point method job evaluation process?
a. excessive range in degree statements
b. excluding factors often associated with female dominated positions
c. biased job descriptions
d. separate job families
a. excessive range in degree statements
The following are hypothetical points provided to the following jobs:
- heavy-duty mechanic: 900
- hr specialist : 900
- technician: 900
The organization sees these positions as having equal value from a base pay perspective; hence, there is no difference in pay. What term best describes the grouping of these jobs?
a. pay grade
b. range tightness
c. pay range
d. pay structure
a. pay grade
Which of the following terms refers to the actual min. and max. pay rate , in dollar terms, for all the jobs that fall into a particular grade?
a. pay range
b. broadbanding
c. market anchor
d. step regression
a. pay range
What is a negative consequence of clustering jobs into pay grades?
a. pay grades make it difficult to justify and explain pay rates to employees.
b. pay grades create less stability for the pay system
c. there may be more pressure to reclassify borderline jobs or to promote people to get more money
d. similar jobs are grouped into the same grades.
c.there may be more pressure to reclassify borderline jobs or to promote people to get more money
Which of the following best explains how to establish pay grade sizes using the equal interval approach?
a. look for natural breaks between clusters of jobs when setting of the grades
b. increase the grade widths for higher-value jobs but not necessarily by an equal percentage
c. reduce the number of pay grades by creating large bands.
d. make the point spreads equal for all pay grades.
d. make the point spreads equal for all pay grades.
Your company determined the following pay range associated with a financial service manager: max. $100, 000; midpoint $90,000, AND MIN. $80,000. What is the range spread percentage for this job?
a. not enough information provided
b. 20 percent
c. 25 percent
d. 22.22 percent
c. 25 percent
