Groupings of individual jobs that have approximately the same value to the organization, used when establishing a pay structure, are called _____.
A) pay scales
B) pay grades
C) pay compressions
D) pay expansions

Question

Quizplus · Accepted Answer

Pay grades are groupings of jobs that have similar value to the organization, based on factors such as skill level, responsibility, and qualifications. These groupings are then used to establish a pay structure, with each pay grade having a predetermined salary range. Pay scales refer to the specific amounts of pay within a pay grade, while pay compressions and pay expansions are not related to the concept of job groupings or pay structures.

Groupings of Individual Jobs That Have Approximately the Same Value