Question 1

What are the data integrity components that may impact the survey quality?

Options :

A : Submissions, data accuracy, survey vendor auditing

B : Survey response rate, survey participant demographics, survey topic relevance

C : Survey cost, survey methodology, survey timing

D : Survey participant anonymity, survey vendor reputation, survey incentives

Answer: A

Question 2

In base pay structure design, what data does the job evaluation step provide?

Options :

A : Employee performance data

B : Salary data of other companies

C : Data that can be used to create a job worth hierarchy

D : Data on employee benefits

Answer: C

Question 3

How is the value of stock awards typically shown in survey data?

Options :

A : As part of total cash compensation

B : As a monetary figure

C : As the number of share granted

Answer: B

Question 4

What is midpoint-to-midpoint differential?

Options :

A : The difference in wage rates paid at the top and bottom of a salary grade

B : The difference in wage rates paid for the same job in different locations

C : The difference in wage rates paid for jobs with similar job titles

D :

The difference in wage rates paid in the midpoints of two adjacent grades and is also known as a salary range spread

Answer: D

Question 5

Which statement best describes the term relevant labor market(s)?

Options :

A : markets which exclude geographic location and organizational size

B : Labor market(s) against which the organization must equal its pay levels

C : Market(s) from which an organization draws and loses its employees

D : Labor market information that is generally applicable only to the manufacturing sector

Answer: C

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