When Employers Set Salary for Professional Employees by Pricing Professional

question 18

Multiple Choice

When employers set salary for professional employees by pricing professional jobs in the marketplace to establish the values for benchmark jobs, and then develop a salary structure based on the benchmarks and their other professional jobs, the employer has used a approach.

• A)market-pricing
• B)cost
• C)point
• D)job ranking
• E)job evaluation

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