What is the purpose of the wage curve?
A)to choose benchmark jobs within each pay grade
B)to equate jobs of approximately equal difficulty or importance as established by job evaluation
C)to assign pay rates to pay grades
D)to show the relationship between the value of the job as determined by one of the job evaluation methods and the current average pay rates for your grades
E)to cluster jobs into logical groupings

Question

Quizplus · Accepted Answer

The wage curve is used to illustrate the relationship between the value of a job, as determined by job evaluation methods, and the current average pay rates for those job grades.

What Is the Purpose of the Wage Curve