Job Evaluation Quiz

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What is a compensable factor?

A type of performance appraisal.

A fundamental, essential element of a job. (correct)

A job evaluation criterion.

A non-essential element of a job.

What is the purpose of identifying compensable factors?

To identify job titles and descriptions.

To determine compensation and benefits. (correct)

To evaluate job duties and responsibilities.

To determine employee performance.

What is an example of a compensable factor?

Work-life balance and well-being.

Job title and description.

Skills and effort. (correct)

Employee motivation and engagement.

When is job evaluation typically prepared for?

When preparing for the job evaluation. Signup and view all the answers

What is the relationship between compensable factors and job evaluation?

Compensable factors are the fundamental elements used in job evaluation. Signup and view all the answers

What is the primary criterion for grouping jobs into pay grades?

Job evaluation Signup and view all the answers

What is the purpose of grouping jobs into pay grades?

To group jobs of similar difficulty or importance Signup and view all the answers

What is a pay grade comprised of?

Jobs of approximately equal difficulty or importance Signup and view all the answers

How are jobs grouped in a pay grade?

By job evaluation Signup and view all the answers

What determines the importance of a job?

Job evaluation Signup and view all the answers

What method of job evaluation ranks each job relative to all other jobs?

Ranking Signup and view all the answers

What is the basis for ranking each job in the ranking method of job evaluation?

Some overall factor Signup and view all the answers

How many job evaluation methods are mentioned?

11-5 Signup and view all the answers

What is the purpose of choosing an evaluation committee?

To facilitate the job evaluation process Signup and view all the answers

What is competency-based pay based on?

Range, depth, and types of skills and knowledge of an employee Signup and view all the answers

What is the focus of competency-based pay?

Employee's skills and knowledge Signup and view all the answers

What is the underlying principle of competency-based pay?

Pay for the skills and knowledge Signup and view all the answers

What do companies adopting competency-based pay value?

Employee skills and knowledge Signup and view all the answers

How does competency-based pay differ from traditional pay systems?

It focuses on employee skills and knowledge Signup and view all the answers

What is the approach used to calculate the total point value for a job?

Adding up points for each factor Signup and view all the answers

What is the purpose of assigning points to each degree of a factor?

To evaluate the importance of each degree Signup and view all the answers

What is the relationship between the points assigned to each factor and the total point value?

The points are added to get the total point value Signup and view all the answers

Why is it important to calculate the total point value for a job?

To evaluate the job's worth based on various factors Signup and view all the answers

What is the outcome of assigning points to each degree of a factor and calculating the total point value?

A job's total point value Signup and view all the answers