Compa-Ratio

question 97

Multiple Choice

Compa-ratio

• A) is defined as the ratio of average pay to the midpoint of the pay range.
• B) is defined as the ratio of the average pay for the grade divided by the minimum pay for the grade.
• C) can range from 0 to 100 percent.
• D) uses data from market-pay surveys.
• E) measures the degree to which new skills learnt are consistent with the increases in pay.

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Definitions:

Job Depth

The degree of control, autonomy, and discretion that an employee has over their tasks and decision-making in their job.

Planning Responsibilities

Tasks and duties associated with the process of setting goals, developing strategies, and outlining tasks and schedules to accomplish the goals.

Managerial Delegation

The process by which managers assign tasks and authority to subordinates.

Job Scope

Refers to the range of responsibilities and tasks that a job entails, including the limits of the job holder’s authority.