Question Detail

IRP 321 Compensation Management policies Objective Question
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Question

In the Points Rating method, how are compensable factors used to arrive at a total score for a job?
Options
A They are ranked in order of importance and assigned monetary values.
B Each factor is rated along a scale, and point values are assigned and added up.
Correct Answer
C They are used to create a general grade description for the job.
D They are compared to market averages to determine the score.
Correct Answer

Option B is the correct answer.

Detailed Explanation

Page 28 describes, 'In points rating method, several compensable factors common to the jobs to be evaluated are examined and then each job is rated along a scale of each factor. The scales are divided into point distances. Point values are assigned to the compensable factors and added to arrive at a total score.'

Hint

Focus on how 'point values' are generated and combined.

Question Info

Course: IRP 321
Topic: Compensation Management policies
Type: Objective
Difficulty: Not specified
Question 38 of 59
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