In Developing a Job Evaluation System,compensable Factors

question 78

Multiple Choice

In developing a job evaluation system,compensable factors:

• A)are generally statistically derived.
• B)are the characteristics of jobs that a firm values and chooses to pay for.
• C)usually vary significantly across job-evaluation systems.
• D)describe all aspects of the jobs being evaluated.

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Definitions:

Interval Data

A type of data that consists of numerical values where the order and the exact differences between the values are meaningful.

Nominal Data

Data classified into distinct categories according to specified characteristics that cannot be ordered in a meaningful way.

Qualitative

Relating to, measuring, or measured by the quality of something rather than its quantity.

Categorical

Pertaining to data that can be divided into specific groups or categories that lack a natural ordering.