What Is the First Step in the Process of Establishing

question 100

Multiple Choice

What is the first step in the process of establishing pay rates to ensure external equity?

• A) using wage curves to price each pay grade
• B) analyzing a scatter plot of employee pay
• C) comparing performance appraisals
• D) conducting a salary survey
• E) checking online pay sites

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Definitions:

Department Level

Pertains to the specific tier or section within an organization that focuses on a particular area of responsibility or function.

Employee Turnover

The rate at which employees leave a company and are replaced by new employees.

Active Participation

Involvement of individuals or groups in activities or decisions that directly affect them, ensuring their input is considered.

Cultural Values

The fundamental beliefs, perceptions, and preferred ways of behaving within a society, organization, or group, shaping its members' attitudes and actions.