This term refers to the groupings of jobs based on compensable factors,for the purpose of applying pay policies.
A) market lines
B) market-competitive pay structures
C) pay grades
D) pay ranges

Question

Quizplus · Accepted Answer

Pay grades are groupings of jobs based on compensable factors such as experience, education, and responsibilities. These groupings allow for pay policies to be applied consistently and fairly across similar jobs. Each pay grade typically has a minimum and maximum salary range.

This Term Refers to the Groupings of Jobs Based on Compensable