For Organizations Using a Skill-Competency-Based Pay System or Generic Job

question 48

Multiple Choice

For organizations using a skill-competency-based pay system or generic job descriptions, the best approach for pricing jobs is _____.

• A)benchmark-job approach
• B)low-high approach
• C)survey leveling
• D)benchmark conversion

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Definitions:

Basalt

A fine-grained, dark volcanic rock created through the quick cooling of basaltic lava when it is exposed at, or just beneath, the earth's surface.

Felsic

Refers to igneous rocks that are rich in lighter elements like silicon, oxygen, aluminum, sodium, and potassium.

Pyroclastic Flow

A swiftly flowing stream of heated gas and volcanic substances that descends a volcano's slope when there's a violent eruption.

Fluid Lava

Molten rock material expelled by a volcano during an eruption, characterized by its low viscosity which allows it to flow easily.