A Market Line Shows a Relationship Between Job Value as Determined

question 13

True/False

A market line shows a relationship between job value as determined by job evaluation points and job value as determined by pay survey rates.

---

Definitions:

Voluntary Turnover

Occurs when employees choose to leave their jobs of their own accord, rather than being fired or laid off.

External Turnover

The process of employees leaving an organization and being replaced by new hires from outside the organization, often monitored to assess the health of a company's workforce strategies.

Progressive Discipline

A process used by organizations to address employee performance issues or misconduct through a series of escalating steps, starting with counseling and leading up to termination if necessary.