Question 1

What are the steps in designing a point plan?

Accepted Answer

There are eight steps in the design of a point plan.
1)Conduct job analysis.
2)Determine compensable factors.
3)Scale the factors.
4)Weight the factors according to importance.
5)Select criterion pay structure.
6)Communicate the plan and train users.
7)Apply to nonbenchmark jobs.
8)Develop online software support.

Question 2

MXB Inc.is a carwash service provider.It orders the jobs in the company on the basis of the least important job to the most important job.In this case,MXB is most likely using a(n):

Accepted Answer

A)  alternation-ranking method. 
B)  paired-comparison method. 
C)  classification method. 
D)  point method. 
A)  alternation-ranking method. 
B)  paired-comparison method. 
C)  classification method. 
D)  point method. A

Question 3

Factors are scaled after factor weights have been assigned.

Accepted Answer

A) True 
 B)False  False

Question 4

Which of the following is NOT a characteristic of a benchmark job?

Accepted Answer

A)  It is not unique to a particular employer. 
B)  A reasonable proportion of the work force is employed in this job. 
C)  The pay level is the best in the industry. 
D)  The content of the job is relatively stable over time. 
A)  It is not unique to a particular employer. 
B)  A reasonable proportion of the work force is employed in this job. 
C)  The pay level is the best in the industry. 
D)  The content of the job is relatively stable over time.

Question 5

Compensable factors are aspects of work that add value to the organization.

Accepted Answer

A) True 
 B)False

Question 6

The final step in designing a point plan involves _____.

Accepted Answer

A)  developing online software support 
B)  selecting compensable factors 
C)  communicating the plan and training users 
D)  scaling the factors 
A)  developing online software support 
B)  selecting compensable factors 
C)  communicating the plan and training users 
D)  scaling the factors

Question 7

What are the two aspect of diversity in work?

Accepted Answer

Diversity in work can be thought of in t

Question 8

Research shows that _____ factor(s)account(s)for 98 to 99 percent of the variance in job evaluation plans.

Accepted Answer

A)  one 
B)  two 
C)  three 
D)  four 
A)  one 
B)  two 
C)  three 
D)  four

Question 9

An advantage of the ranking method is that the basis for comparison is called out.

Accepted Answer

A) True 
 B)False

Question 10

Point plans represent a significant change from ranking and classification methods in that they make explicit the criteria for evaluating jobs: compensable factors.

Accepted Answer

A) True 
 B)False

Question 11

Research shows that the weights assigned to compensable factors can affect the resulting pay structure.

Accepted Answer

A) True 
 B)False

Question 12

The job evaluation method that most resembles a bookcase with many shelves is:

Accepted Answer

A)  ranking. 
B)  the Hay plan. 
C)  the point method. 
D)  classification. 
A)  ranking. 
B)  the Hay plan. 
C)  the point method. 
D)  classification.

Question 13

Most factor scales have _____ degrees.

Accepted Answer

A)  6-9 
B)  4-8 
C)  3-7 
D)  2-4 
A)  6-9 
B)  4-8 
C)  3-7 
D)  2-4

Question 14

A criterion pay structure is a pay structure that can be duplicated with a point evaluation plan.

Accepted Answer

A) True 
 B)False

Question 15

_____ are more likely to conduct job evaluations of senior management jobs.

Accepted Answer

A)  Compensation analysts 
B)  Compensation managers 
C)  Peers 
D)  Junior incumbents 
A)  Compensation analysts 
B)  Compensation managers 
C)  Peers 
D)  Junior incumbents

Question 16

The exchange value of a job is its _____.

Accepted Answer

A)  content value 
B)  performance value 
C)  internal market value 
D)  external market value 
A)  content value 
B)  performance value 
C)  internal market value 
D)  external market value

Question 17

Discuss the two common methods of ranking.

Accepted Answer

The two common ways of ranking are alter

Question 18

A representative sample of benchmark jobs will include the entire domain of work being evaluated and capture the diversity of the work within that domain.

Accepted Answer

A) True 
 B)False

Question 19

Which of the following methods requires evaluators to agree on which jobs are the most and least valuable,then the next most and least valued,and so on until all the jobs have been ordered?

Accepted Answer

A)  Alternation-ranking method 
B)  Classification method 
C)  Point method 
D)  Paired-comparison method 
A)  Alternation-ranking method 
B)  Classification method 
C)  Point method 
D)  Paired-comparison method

Question 20

In the point method,the second step in designing a plan is to:

Accepted Answer

A)  conduct job analysis. 
B)  scale the factors. 
C)  determine the compensable factors. 
D)  prepare a job evaluation manual. 
A)  conduct job analysis. 
B)  scale the factors. 
C)  determine the compensable factors. 
D)  prepare a job evaluation manual.

What are the steps in designing a point plan?

MXB Inc.is a carwash service provider.It orders the jobs in the company on the basis of the least important job to the most important job.In this case,MXB is most likely using a(n):

Factors are scaled after factor weights have been assigned.

Which of the following is NOT a characteristic of a benchmark job?

Compensable factors are aspects of work that add value to the organization.

The final step in designing a point plan involves _____.

What are the two aspect of diversity in work?

Research shows that _____ factor(s)account(s)for 98 to 99 percent of the variance in job evaluation plans.

An advantage of the ranking method is that the basis for comparison is called out.

Point plans represent a significant change from ranking and classification methods in that they make explicit the criteria for evaluating jobs: compensable factors.

Research shows that the weights assigned to compensable factors can affect the resulting pay structure.

The job evaluation method that most resembles a bookcase with many shelves is:

Most factor scales have _____ degrees.

A criterion pay structure is a pay structure that can be duplicated with a point evaluation plan.

_____ are more likely to conduct job evaluations of senior management jobs.

The exchange value of a job is its _____.

Discuss the two common methods of ranking.

A representative sample of benchmark jobs will include the entire domain of work being evaluated and capture the diversity of the work within that domain.

Which of the following methods requires evaluators to agree on which jobs are the most and least valuable,then the next most and least valued,and so on until all the jobs have been ordered?

In the point method,the second step in designing a plan is to:

The Pay Model

Strategy: The Totality of Decisions

Defining Internal Alignment

Job Analysis

Person-Based Structures

Defining Competitiveness

Designing Pay Levels, Mix, and Pay

Pay-For-Performance: the Evidence

Pay-For-Performance Plans

Performance Appraisals

The Benefit Determination Process

Benefit Options

Compensation of Special Groups

Union Role in Wage and Salary Administration

International Pay Systems

Government and Legal Issues in Compensation

Management: Making It Work

Filters

Exam 5: Job-Based Structures and Job Evaluation

What are the steps in designing a point plan?

MXB Inc.is a carwash service provider.It orders the jobs in the company on the basis of the least important job to the most important job.In this case,MXB is most likely using a(n):

Factors are scaled after factor weights have been assigned.

Which of the following is NOT a characteristic of a benchmark job?

Compensable factors are aspects of work that add value to the organization.

The final step in designing a point plan involves _____.

What are the two aspect of diversity in work?

Research shows that _____ factor(s)account(s)for 98 to 99 percent of the variance in job evaluation plans.

An advantage of the ranking method is that the basis for comparison is called out.

Point plans represent a significant change from ranking and classification methods in that they make explicit the criteria for evaluating jobs: compensable factors.

Research shows that the weights assigned to compensable factors can affect the resulting pay structure.

The job evaluation method that most resembles a bookcase with many shelves is:

Most factor scales have _____ degrees.

A criterion pay structure is a pay structure that can be duplicated with a point evaluation plan.

_____ are more likely to conduct job evaluations of senior management jobs.

The exchange value of a job is its _____.

Discuss the two common methods of ranking.

A representative sample of benchmark jobs will include the entire domain of work being evaluated and capture the diversity of the work within that domain.

Which of the following methods requires evaluators to agree on which jobs are the most and least valuable,then the next most and least valued,and so on until all the jobs have been ordered?

In the point method,the second step in designing a plan is to:

The Pay Model

Strategy: The Totality of Decisions

Defining Internal Alignment

Job Analysis

Person-Based Structures

Defining Competitiveness

Designing Pay Levels, Mix, and Pay

Pay-For-Performance: the Evidence

Pay-For-Performance Plans

Performance Appraisals

The Benefit Determination Process

Benefit Options

Compensation of Special Groups

Union Role in Wage and Salary Administration

International Pay Systems

Government and Legal Issues in Compensation

Management: Making It Work

Filters