Kayla,an HR manager,is in the process of creating a market-competitive pay plan.For an accounting job at the firm,she has assigned the following weights: 70% for job complexity,25% for effort,and 5% for working conditions.What is the next step Kayla must take in the process?
A) drawing the internal and external wage curves
B) converting percentage weights into point values
C) defining the degree for each compensable factor
D) reviewing job descriptions and specifications

Question

Quizplus · Accepted Answer

After assigning weights to compensable factors, Kayla needs to convert percentages to points for each factor. Using job evaluation methods such as the point method can be time consuming. Many employers therefore turn to computerized systems. First is a structured questionnaire with items such as "enter total number of employees who report to this position." Second are statistical models. These allow the computerized system to price jobs more or less automatically, by assigning points based on the questionnaire responses.

Kayla,an HR Manager,is in the Process of Creating a Market-Competitive