When Job Analysis Is Done for Compensation Purposes, Data Collected

question 15

Multiple Choice

When job analysis is done for compensation purposes, data collected must focus on:

• A)monitoring performance of the job incumbent
• B)reviewing task inventories
• C)providing training to job incumbents
• D)increasing the number of different tasks an employee performs
• E)establishing job similarities and differences

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Definitions:

Minimum Required Rate

The lowest acceptable return on investment required by an investor or manager.

Return On Investment

A measure of the profitability of an investment, calculated as the ratio of net returns to the initial capital cost.

Unit Sales

The total number of individual items or units sold by a company during a specific period, a key metric in assessing a company’s sales performance.

Return On Investment

A performance measure used to evaluate the efficiency of an investment or to compare the efficiency of multiple investments.