__________can be designed to price jobs at the prevailing market rate or to preserve internal pay equity by compensating each job consistently with the positions above and below it in the company hierarchy.
A) Variable pay
B) Fixed pay
C) The pay mix
D) The pay structure

Question

Quizplus · Accepted Answer

The pay structure is designed to ensure that jobs are priced at either the prevailing market rate or consistent with the positions above and below in the company hierarchy. A pay structure provides a framework for defining and rewarding jobs and is critical to maintaining internal pay equity.

__________Can Be Designed to Price Jobs at the Prevailing Market