Examlex
Which of the following technologies simplifies the process of developing prototypes?
Classification System
The classification system for job evaluation attempts to group sets of jobs together into clusters, which are often called grades.
Job Evaluation
The process of analyzing and assessing various jobs systematically to ascertain their relative worth in an organization.
Pay Compression
A situation where there is little difference in pay between employees regardless of their skills, experience, or job responsibilities.
Pay Inversion
In pay inversion, the external market changes so rapidly that new employees are actually paid more than experienced employees.
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