Ramon Inc. ,a software company,uses job evaluations to establish the value of its jobs in terms of criteria such as their difficulty and their importance to the organization.The company then compares the evaluation points awarded to each job with the pay for each job.If jobs have the same number of evaluation points,but are not paid equally,the pay of the lower-paid job is raised.Based on the scenario,identify the policy adopted by the company.
A) comparable-worth policy
B) minimum wage policy
C) average pay policy
D) merit pay policy
E) piecework rate policy

Question

Quizplus · Accepted Answer

The policy adopted by the company is comparable-worth policy. This policy establishes the value of jobs based on criteria such as their difficulty and their importance to the organization. It ensures that jobs that require similar skills and responsibilities are paid equally. If jobs have the same number of evaluation points but are not paid equally, the pay of the lower-paid job is raised, which indicates the implementation of the comparable-worth policy.

Ramon Inc ,A Software Company,uses Job Evaluations to Establish the Value