A Pay Policy Line

question 86

Multiple Choice

A pay policy line:

• A) shows the mathematical relationship between the minimum pay and the maximum pay in an organization.
• B) can be generated using a statistical procedure called regression analysis.
• C) requires market-pay-rate data on all jobs in the organization.
• D) can be used to estimate the minimum pay level for a given job evaluation.
• E) reflects the pay structure in the market, which always matches rates in the organization.

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