There Are Several Steps in Pricing Jobs with a Wage

question 2

Multiple Choice

There are several steps in pricing jobs with a wage curve. What is the first step?

• A) Create a wage line
• B) Find the average pay for each pay grade
• C) Determine the pay grade
• D) Determine the pay rate for a cluster of jobs
• E) Determine the rate range

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Definitions:

Five Stages

A reference to a framework or model dividing a process or phenomenon into five distinct phases.

Employment Interview

A formal meeting between a job applicant and a representative of the company, aimed at evaluating the applicant's suitability for the position.

Appropriateness

The quality of being suitable or fitting for a particular purpose, person, occasion, or place.

Selection Process

The series of steps employers use to decide which candidates to hire from a pool of applicants.