Examlex
Which job evaluation method is like sorting books among a series of carefully labelled shelves in a bookcase?
Compensation Survey
A tool used by organizations to gather and analyze competitive salary information in order to determine appropriate compensation levels for their employees.
Compensation System
The overall structure and methodology an organization uses to compensate its employees, including wages, salaries, benefits, and incentives.
Central Tendency
A statistical measure that identifies the center of a data distribution, commonly represented by the mean, median, or mode.
Extreme Values
Data points in a set that significantly deviate from the rest, often used in statistical analyses to identify outliers or anomalies.
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