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

question 22

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.
• B) low-high.
• C) market pricing
• D) benchmark conversion

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Definitions:

Scientific Study

The systematic investigation of the natural world through experimentation and observation, aimed at discovering and acquiring knowledge.

Wilhelm Wundt

A German physiologist and psychologist who is generally considered the father of experimental psychology.

Conscious Experience

The subjective awareness of the mind regarding thoughts, feelings, and perceptions, encompassing the aspects of consciousness that are introspectively accessible.

Wilhelm Wundt

Known as the father of experimental psychology, he established the first psychological laboratory in Leipzig, Germany, in 1879.