Which of the following statements provides the best assessment of a compensation system based on job descriptions, job evaluations, pay ranges, and pay grades when the system is put in the context of other types of compensation systems?
A)It is more legally defensible.
B)It is less likely to be viewed as fair by employees.
C)It is more appropriate for dynamic companies and industries.
D)It is more effective at retaining top performing employees.

Question

Quizplus · Accepted Answer

A compensation system based on job descriptions, job evaluations, pay ranges, and pay grades is more legally defensible as it provides a clear and structured approach to determining pay. This can help to reduce the risk of discrimination claims as all employees in the same job or grade are paid at a similar rate based on objective criteria. However, it may not necessarily be viewed as fair by employees, as it does not take into account individual performance or skills that may differ from others in the same job or grade.

Which of the Following Statements Provides the Best Assessment of a Compensation