There are several steps in pricing jobs with a wage curve.The first is to
A)create a wage line.
B)find the average pay for each pay grade.
C)determine the pay grade.
D)determine the pay rate for a cluster of jobs.
E)determine the rate range.

Question

Quizplus · Accepted Answer

The first step in pricing jobs with a wage curve is to find the average pay for each pay grade. This involves grouping similar jobs together into pay grades and determining the average pay for jobs within each pay grade. Once this information is gathered, a wage line can be created and the pay rate for each cluster of jobs can be determined. From there, the rate range can be established.

There Are Several Steps in Pricing Jobs with a Wage