Which of the following best explains how to establish pay grade sizes using the equal interval approach?
A) Look for natural breaks between clusters of jobs when setting up the grades.
B) Increase the grade widths for higher-value jobs but not necessarily by an equal percentage.
C) Reduce the number of pay grades by creating large bands.
D) Make the point spreads equal for all pay grades.

Question

Quizplus · Accepted Answer

The equal interval approach involves making the point spreads equal for all pay grades. This means that the difference in pay between each pay grade is the same, regardless of the position's level or value.

Which of the Following Best Explains How to Establish Pay