A Company Using a Skill-Based Pay System Prices the Job

question 42

Multiple Choice

A company using a skill-based pay system prices the job of lead assembler at between $10 and $22 per hour.Survey data showed the job assembler averaged $10 per hour and the job of assembly supervisor at $22 per hour.The company was using the _____ method of job matching.

• A) benchmark job
• B) low-high
• C) pay range
• D) benchmark conversion

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Definitions:

Expert Power

Influence or authority stemming from specialized knowledge, expertise, or skills, which others depend on.

Development Department

A unit within an organization focused on the growth and improvement of products, services, or organizational capabilities.

Non-profit Organization

An entity that operates for the promotion of social, educational, charitable, or other causes, rather than for the profit of its members or owners.

Group Norms

Shared expectations and rules that guide the behavior of members within a group.