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In establishing control limits for charts:
Market Line
A graphical representation depicting the compensation levels across different jobs, typically illustrating the relationship between the job's relative worth and the pay provided.
Job Evaluation Results
The outcomes derived from a systematic process of determining the relative worth of various jobs within an organization, often influencing compensation.
Point Method
A job evaluation system where different aspects of a job are broken down into factors, each of which is then assigned a score or point value to determine relative worth.
Point Scores
A method used in job evaluation that assigns numeric scores to different aspects of a job's requirements to assess its relative worth.
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