Comp. Ch. 5
A job description is compared to class descriptions. This describes the _____ method of job evaluation.
classification
The job evaluation method that most resembles a bookcase is:
classification
The example, "scaling of a compensable factor," is most likely related to:
decision making.
In the point method, the second step in designing the plan is to:
determine compensable factors
The final step in designing a point plan is ______
develop online software
The first major decision in job evaluation is to:
establish purpose of evaluation.
Exchange value of a job is its _____
external market value.
Views of job evaluation include all except __________
legal mandate
The number of job evaluation plans an organization uses depends upon the:
level of detail to make pay decisions.
According to a WorldatWork survey, the primary method of job evaluation is _________
market pricing
The beginning of job evaluation is most closely associated with
negotiation
The _____ method of job evaluation uses compensable factors.
point
The ______ method of job evaluation is the most commonly used method in the U.S. and Europe.
point
When a statistical process is used to duplicate an existing pay structure, it is called:
policy capturing.
A small organization is most likely to use _____ for job evaluation.
ranking method
All of the following are advantages of the ranking method of job evaluation except:
rankings are easy to defend and justify.
The point method is an example of:
scaling of a compensable factor.
The second major decision in job evaluation is to:
select single or multiple plans
The best single compensable factor for creating a job structure, is:
skill
By answering the question, "How does this job add value?" job evaluation best:
supports organization strategy
The primary usefulness of job evaluation is:
that it provides a framework for exchange of views.
The following statement is an example of _____ of job evaluation. The effectiveness of the majority of the position's decisions can be measured within: __ 1. One day; __ 2. One week; __ 3. One month; __ 4. Six months; __ 5. One year; __ 6. More than one year
the point method
Research shows that __ factor(s) account(s) for 98-99% of the variance in job evaluation plans.
three
Most factor scales have between _____ degrees.
4-8
Which of the following is not true of usage of multiple plans versus single job evaluation plans?
A single universal plan is acceptable to employees if the work covered is highly diverse.
Which of the following would not be used as a criterion pay structure?
Federal government rates based on the minimum wages.
Which of the following is not a factor indicating a pay structure is aligned?
Fits the external labor market
The most widely used point method job evaluation is the:
Hay plan.
Which of the following is the correct sequence?
Job description > Job evaluation > Job structure
_____ is the process of systematically determining the relative worth of jobs for the purpose of creating an organization's job structure.
Job evaluation
Which of the following is not a generic compensable factor used to determine equal work in the Equal Pay Act?
Knowledge
Which of the following compensable factors generic factors of the Equal Pay Act and National Electrical Manufacturers Association (NEMA) is most similar to the Hay plan Factor Know How?
Skill
Which of the following is not a characteristic of a benchmark job?
The pay level is the best in the industry.
A compensable factor of working conditions has a weight of 15%. If working conditions has a degree rating of 3, how many points does it receive?
45
There are 5 jobs in job family A, 7 jobs in job family B, and 6 jobs in job family C. Knowledge is a compensable factor for all job families. How many degrees for knowledge is the minimum for job family B?
6
A compensable factor of effort has a weight 30% and has two sub-factors, physical and mental. Mental has a degree rating of 4. How many points does the mental effort receive?
60
A compensable factor of effort has a weight of 30% with equal weight for physical and mental subfactors. If physical has a degree rating of 4, how many points does it receive?
60
Research shows that the compensable factor skill accounts for _____ percent of the variance in job evaluation results.
90
A company changes its strategy to be more "lean" and efficient, which may include some resizing in terms of employee strength. What should the company do about the compensable factor "scope of responsibility" that is measured by the number of subordinates?
Change the factor name to "depth of responsibility" and measure it the same.
_____ are those characteristics in the work that an organization values; that help it pursue its strategy and achieve its objectives.
Compensable factors
_________ typically conduct job evaluation of senior management jobs.
Compensation manager
The assumption that value cannot be determined without reference to the external market is most closely related to which of the following aspects of job evaluation?
External market link.
Which of the following is not an appropriate basis for evaluating the worth of jobs to an organization?
Worker performance
The U. S. federal government's pay structure is based upon _____ job evaluation system.
a classification
All of the following is true regarding "compensationitis" except it is __________
a social disease
The breadth of work is likely to be narrowest in:
an executive search firm
All the following are true of compensable factors except:
are common within an industry type
Common characteristics of the point method include all of the following except:
benchmark factor classes.