Question 1

Which job evaluation method involves defining a number of grades to describe a group of jobs?
A) ranking
B) classification
C) factor comparison
D) point

Accepted Answer

B)The classification method involves defining a number of classes or grades to describe a group of jobs.In the job evaluation ranking method,the raters examine the description of each job being evaluated and arrange the jobs in order according to their value to the company.

Question 2

Nicole,an HR professional,needs to develop a job evaluation for a data analyst position at her firm.Nicole's manager wants a quantitative job evaluation that will be useful for a long time.Which method would be most appropriate?
A) point
B) profile
C) classification
D) ranking

Accepted Answer

A)In the point method,raters assign numerical values to specific job factors,such as knowledge required,and the sum of these values provides a quantitative assessment of a job's relative worth.Historically,a redeeming feature of the method has been that,once developed,the plan was useful over a long time.Ranking and classification methods are nonquantitative.

Question 3

Organizations that pay higher wages and salaries than competing firms use a ________.
A) indirect financial compensation policy
B) going rate followers
C) pay followers
D) market lead policy

Accepted Answer

D)Companies that pursue a market lead policy are organizations that pay higher wages and salaries than competing firms.Using this strategy,they feel that they will be able to attract high-quality,productive employees and thus achieve lower per-unit labor costs.Higher-paying firms usually attract more highly qualified applicants than lower-paying companies in the same labor market.

Question 4

Which of the following is NOT one of the universal job factors of the factor comparison method?
A) working conditions
B) abstract thinking skills
C) physical requirements
D) responsibilities

Accepted Answer

B)The factor comparison method of job evaluation assumes that there are five universal factors consisting of mental requirements,skills,physical requirements,responsibilities,and working conditions.Abstract thinking skills are not a specific category with this method.

Question 5

Which of the following is a compensation policy choice?
A) nominal pay
B) commissions
C) real pay
D) pay mix

Accepted Answer

D)A compensation policy refers to choices that compensation professionals make to promote competitive advantage.Broadly,policy choices are made about pay level and pay mix.

Question 6

The primary purpose of job evaluation is to ________.
A) prepare job descriptions
B) eliminate internal pay inequities
C) lay the groundwork for job analysis
D) price jobs within a geographic area

Accepted Answer

B)Job evaluation determines the value of the job to the company.The primary purpose of job evaluation is to eliminate internal pay inequities that exist because of illogical pay structures.Job descriptions are essential to all job evaluation methods.

Question 7

The classification method of job evaluation is the simplest job evaluation method and requires comparing a job description with a class description.

Accepted Answer

The classification method involves defining a number of classes or grades to describe a group of jobs.In evaluating jobs by this method,the raters compare the job description with the class description.However,the ranking method is the simplest of the four job evaluation methods - ranking,classification,factor comparison,and point method.

Question 8

Historically,some variation of which job evaluation plan has been the most popular option?
A) ranking
B) classification
C) factor comparison
D) point method

Accepted Answer

D)Historically,some variation of the point plan has been the most popular option.In the point method,raters assign numerical values to specific job factors,such as knowledge required,and the sum of these values provides a quantitative assessment of a job's relative worth.

Question 9

Irene,an HR manager,needs to use a quantitative job evaluation method.Which two methods would meet Irene's needs?
A) point and ranking
B) ranking and classification
C) point and factor comparison
D) factor comparison and classification

Accepted Answer

C)The four traditional job evaluation methods are the ranking,classification,factor comparison,and point method.The ranking and classification methods are non quantitative,whereas the factor comparison and point methods are quantitative approaches.

Question 10

In which job evaluation method do evaluators make decisions based on five universal elements?
A) ranking
B) classification
C) factor comparison
D) paired-comparison

Accepted Answer

C)The factor comparison method of job evaluation assumes that there are five universal factors consisting of mental requirements,skills,physical requirements,responsibilities,and working conditions.The evaluator makes decisions on these factors independently.

Question 11

In a brief essay,describe job evaluation and job pricing.

Accepted Answer

The answer of In a brief essay,describe job evaluation and...

Question 12

As the HR manager at a new firm,Kelly is responsible for the process of job evaluation.Kelly has completed a job evaluation for each position at the firm.What will most likely be the direct result of Kelly's work?
A) job structure
B) financial equity
C) job alignment
D) organizational fit

Accepted Answer

A)The process of job evaluation results in a job hierarchy.It might reveal,for example,that the job of senior accountant is more valuable than the job of machinist,which,in turn,is more valuable than the job of receptionist.At this point,you know the relative value of these jobs to the company,but not their absolute value.

Question 13

In the ranking method of job evaluation,raters assign numerical values to specific job factors,such as knowledge required,and the sum of these values provides a quantitative assessment of a job's relative worth.

Accepted Answer

In the job evaluation ranking method,the raters examine the description of each job being evaluated and arrange the jobs in order according to their value to the company.In the point method,raters assign numerical values to specific job factors,such as knowledge required,and the sum of these values provides a quantitative assessment of a job's relative worth.

Question 14

What is the LEAST likely reason that a firm would use job evaluation?
A) eliminating pay inequities
B) identifying the organization's job structure
C) estimating the average market pay rate
D) developing a hierarchy of job value for creating a pay structure

Accepted Answer

C)Many firms continue to use job evaluation to identify the organization's job structure; to eliminate pay inequities and bring order to the relationships among jobs,and to develop a hierarchy of job value for creating a pay structure.It is less likely that job evaluation would be used for determining the average wages in an industry.Compensation surveys provide information about average wages in an industry.

Question 15

How many universal job factors are there with the factor comparison job evaluation method?
A) 3
B) 5
C) 7
D) 9

Accepted Answer

B)The factor comparison method of job evaluation assumes that there are five universal factors consisting of mental requirements,skills,physical requirements,responsibilities,and working conditions.The evaluator makes decisions on these factors independently.

Question 16

Which of the following provides general guidelines for making compensation decisions?
A) pay leaders
B) market rates
C) compensation policies
D) compensation packages

Accepted Answer

C)A compensation policy provides general guidelines for making compensation decisions.Broadly,policy choices are made about pay level and pay mix.Pay level compensation policies determine whether the company will be a pay leader,be a pay follower,or strive for an average position in the labor market.Pay level policies have the greatest impact on attracting and retaining employees.Pay mix policies refer to the combination of direct and indirect financial compensation and employee benefits components (see Figure 9-1)that make up an employee's compensation package.

Question 17

Omar works in the HR department at a large manufacturing firm.Omar needs a simple method for conducting a job evaluation.Which method would be most appropriate for Omar?
A) factor comparison
B) classification
C) ranking
D) point method

Accepted Answer

C)The ranking method is the simplest of the four job evaluation methods.In the job evaluation ranking method,the raters examine the description of each job being evaluated and arrange the jobs in order according to their value to the company.

Question 18

Job evaluation is a process that determines the relative value of one job in relation to another.

Accepted Answer

Job evaluation is a process that determines the relative value of one job in relation to another.Basically,it determines the value of the job to the company.The primary purpose of job evaluation is to eliminate internal pay inequities that exist because of illogical pay structures.

Question 19

In the ________ of job evaluation,raters assign numerical values to specific job factors,such as knowledge required,and the sum of these values provides a quantitative assessment of a job's relative worth.
A) point method
B) factor comparison method
C) classification method
D) chart profile method

Accepted Answer

A)In the point method,raters assign numerical values to specific job factors,such as knowledge required,and the sum of these values provides a quantitative assessment of a job's relative worth.

Question 20

Eric,an HR manager,is using a job evaluation method in which he assigns numerical values to specific job factors before calculating the sum of the values.Which method is Eric most likely using?
A) factor comparison
B) classification
C) ranking
D) point method

Accepted Answer

D)In the point method,raters assign numerical values to specific job factors,such as knowledge required,and the sum of these values provides a quantitative assessment of a job's relative worth.

Quiz 9: Direct Financial Compensation Core Compensation:

Which job evaluation method involves defining a number of grades to describe a group of jobs?

Nicole,an HR professional,needs to develop a job evaluation for a data analyst position at her firm.Nicole's manager wants a quantitative job evaluation that will be useful for a long time.Which method would be most appropriate?

Organizations that pay higher wages and salaries than competing firms use a ________.

Which of the following is NOT one of the universal job factors of the factor comparison method?

Which of the following is a compensation policy choice?

The primary purpose of job evaluation is to ________.

The classification method of job evaluation is the simplest job evaluation method and requires comparing a job description with a class description.

Historically,some variation of which job evaluation plan has been the most popular option?

Irene,an HR manager,needs to use a quantitative job evaluation method.Which two methods would meet Irene's needs?

In which job evaluation method do evaluators make decisions based on five universal elements?

In a brief essay,describe job evaluation and job pricing.

As the HR manager at a new firm,Kelly is responsible for the process of job evaluation.Kelly has completed a job evaluation for each position at the firm.What will most likely be the direct result of Kelly's work?

In the ranking method of job evaluation,raters assign numerical values to specific job factors,such as knowledge required,and the sum of these values provides a quantitative assessment of a job's relative worth.

What is the LEAST likely reason that a firm would use job evaluation?

How many universal job factors are there with the factor comparison job evaluation method?

Which of the following provides general guidelines for making compensation decisions?

Omar works in the HR department at a large manufacturing firm.Omar needs a simple method for conducting a job evaluation.Which method would be most appropriate for Omar?

Job evaluation is a process that determines the relative value of one job in relation to another.

In the ________ of job evaluation,raters assign numerical values to specific job factors,such as knowledge required,and the sum of these values provides a quantitative assessment of a job's relative worth.

Eric,an HR manager,is using a job evaluation method in which he assigns numerical values to specific job factors before calculating the sum of the values.Which method is Eric most likely using?