A collection of data on prevailing wage rates in an industry or geographic area is called a(n)
A) wage survey.
B) job evaluation.
C) job analysis.
D) performance appraisal.
E) industry average.

Question

Quizplus · Accepted Answer

A collection of data on prevailing wage rates in an industry or geographic area is commonly referred to as a wage survey. A wage survey is a key component in determining competitive compensation packages for employees in a particular industry or location.

A Collection of Data on Prevailing Wage Rates in an Industry