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C2 Questions and Answers

Question # 6

Corporate mission or vision is the first step to building the job worth hierarchy.

A.

True

B.

False

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Question # 7

Job worthhierarchy is best described as something that _________?

A.

Illustrates where each job fits, relative to other jobs

B.

Provides key information abut the nature of and level of work performed.

C.

Creates a job worth hierarchy using market data or job content

D.

A framework for pay decisions.

E.

None of these

F.

All of these

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Question # 8

What are the steps for desiging a Base Pay Structure?

A.

Job Analysis, Job documentation, Job Evaluation, Job worth heirarchy, Base pay structure

B.

Analyze the job, Document the job, Evaluate the job, Job worth heirarchy, Base pay structure

C.

Analyze the job, Evaluate the job, Job worth heirarchy, Base pay structure

D.

Analyze the job, Document the job, Job worth heirarchy, Base pay structure

E.

None of these

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Question # 9

When would the paired-comparison approach be preferred over the simple ranking approach?

A.

When evaluating a larger number of jobs

B.

When there is a need for accuratemarket data

C.

When the cost of simple ranking becomes prohibitive

D.

When there is insufficient information on job content

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Question # 10

Themost common objectives for a Compensation Program are __________ and _________.

A.

Internally equitable, Externally competitive

B.

Externally equitable, Internally competitive

C.

Understandable, Legally defensible

D.

Understandable, Affordable

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