Which of the Following Is a Disadvantage of the Pay

question 62

Multiple Choice

Which of the following is a disadvantage of the pay grade approach?

• A)The administrative burden of setting separate rates of pay for numerous employees is increased.
• B)It is inflexible when it comes to moving employees from job to job.
• C)Demotions are not well received in a pay grade system when compared to a job-based system.
• D)It might give rise to some jobs being underpaid and some being overpaid.
• E)It does not recognize that performance difference in the higher levels has much impact on the organization.

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Definitions:

SSE

Sum of Squared Errors, a measure of the difference between the observed and predicted values in statistical models.

Male

Refers to the biological sex that is typically characterized by the XY chromosome pair and is associated with the production of sperm.

Estimated Regression

The process of using statistical methods to predict the value of a dependent variable based on the values of one or more independent variables.

Observations

The act of recording occurrences, behaviors, or phenomena often used as data for scientific research or studies.