MATCHING KEY TERMS AND DEFINITIONS
-Ranking job worth from highest to lowest.
A)Team-based compensation
B)Extrinsic rewards
C)Compensation administration
D)Ordering method
E)Fair Labor Standards Act
F)Performance-based rewards
G)Wage structure
H)Differential
I)Organization-wide incentive
J)Classification method
K)Equal Pay Act
L)Merit pay
M)Golden parachute
N)Compensation surveys
O)Exempt

Question

Quizplus · Accepted Answer

The Ordering method is directly associated with ranking job worth from highest to lowest as it involves arranging jobs in order of their importance or value to the organization, which is a fundamental step in establishing a fair and equitable compensation system.