After Reviewing Pay Ranges for Your Organization,you Realize a Significant

question 10

Multiple Choice

After reviewing pay ranges for your organization,you realize a significant number of pay ranges do not overlap or do not connect.For example,the maximum of the pay range for pay grade number 2 is $50,000 and the minimum range for pay grade number 3 is $60,000.00.What is a potential root cause of this issue?

• A) Ranges are too narrow and/or there are not enough pay grades.
• B) An equal approach method was used to establish pay grades.
• C) An equal percentage method was used to establish pay grades.
• D) Poor benchmark jobs were used to establish pay grades.

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Definitions:

Effective Learning

The process that results in the acquisition of knowledge or skills and the ability to apply them in a way that is productive and enhances performance.

Organizational Culture

The shared beliefs, values, and assumptions that exist in an organization.

Innovative

Pertains to the ability or process of creating new ideas, products, or methods that bring novel solutions to problems or improvements to existing conditions.

Entrepreneurial

Characteristics or actions related to the creation, development, and management of a business venture to achieve profit or social goals.