Compensation Surveys Provide the Data for Translating a Policy into Pay

question 10

True/False

Compensation surveys provide the data for translating a policy into pay levels, pay mix, and structures.

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Definitions:

Construct Validity

The extent to which a test measures the theoretical construct or concept it is intended to measure.

Content Validity

A type of validity that examines how well a test samples a universe of items.

Reliability

The extent to which a measurement instrument yields reliable and uniform outcomes across various occasions.

Validity

The degree to which a test or measurement accurately reflects the concept or construct it is intended to assess.