Question 1

Which of the following is an advantage of market-based job evaluation and pay structure design?

Options :

A : Any market inequities are built in

B : Simple to administer

C : Takes into consideration the company-s perceived value of a job

D : Legally defensible based on job content

Answer: B

Question 2

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 3

What does the regression line provide?

Options :

A : The average market pay level

B : The highest market pay level

C : The lowest market pay level

D : A line of best fit of market pay levels for each grade based on the benchmark jobs

Answer: D

Question 4

What are regression analysis outliers?

Options :

A : Data points that are too high compared to the average

B : Data points that are too low compared to the average

C : Data points that are within the expected range

D : Data points that are anomalies in comparison with other data points

Answer: D

Question 5

What are the factors that impact the accuracy of survey data?

Options :

A : Job title, geographic location, industry sector

B : Age, gender, race

C : Employee performance ratings, job satisfaction surveys, attendance records

D : Sample size, participant base, statistical analyses, survey methodology, job matching procedures

Answer: D

Higher Test Marks with Free Online C17 Exam Practice