Economic theory holds that the most profitable pay level,all things being equal,would be:
A) below the market rate.
B) at the market rate.
C) above the market rate.
D) anywhere within (slightly above or slightly below) the market-rate range.
E) the pay level that is lower than that of the lowest paying organization.

Question

Quizplus · Accepted Answer

To conduct a job evaluation, the job evaluation committee identifies each job's compensable factors, meaning the characteristics of a job that the organization values and chooses to pay for.

Economic Theory Holds That the Most Profitable Pay Level,all Things