What is the graphic description of the relationship between the value of the job and the average wage paid for this job?
A) Pay grade chart
B) Wage curve
C) Rate range graph
D) Wage chart
E) Pay grade curve

Question

Quizplus · Accepted Answer

The graphic description of the relationship between the value of the job and the average wage paid for this job is shown by a wage curve. This curve represents the average wage paid for each level or grade of a job, based on its value to the organization. It helps to ensure that jobs of equal value are paid equally and can guide decisions regarding salary increases and promotions.

What Is the Graphic Description of the Relationship Between the Value