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Formal Job or Competency-Based Evaluations Play the Most Important Role

question 62

True/False

Formal job or competency-based evaluations play the most important role in determining executive salaries.


Definitions:

Commissions

Incentive pay calculated as a percentage of sales.

Salesperson

An individual who sells goods and services to consumers or businesses, often working on commission.

Compa-Ratios

A comparison ratio used in human resources to assess the relative pay level of an individual's salary to the midpoint of a salary range for their position.

Compa-Ratio

A metric that compares an individual's salary to the market average for similar positions.

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