The pay policy line:
A)is used to determine the correspondence between the actual and intended pay.
B)reduces the number of job levels to achieve more flexibility in job assignments.
C)does not use actual market rates for key jobs.
D)groups together jobs that have similar worth or content.
E)is used to calculate the compa-ratio.

Question

Quizplus · Accepted Answer

A second pay-setting approach that combines information from external and internal comparisons is to use the pay policy line to derive pay rates for both key and nonkey jobs. This approach differs from the market survey data approach in that actual market rates are no longer used for key jobs.

The Pay Policy Line