WorldatWork Certification C17 Book

Market Pricing - Conducting a Competitive Pay Analysis Questions and Answers

Question 17

Who is best suited to communicate compensation information to individual employees?

Options:

The HR Manager

Senior executives

Managers and supervisors (or the person to whom the employee directly reports)

Question 18

When Building a job worth hierarchy using market data, what is the purpose of using job descriptions?

Options:

Verify survey data

Analyze job content

Identify benchmark jobs and match to survey job descriptions

Identify relevant labor markets

Question 19

Choose the market position that matches the following description: The company's pay philosophy will stay ahead of the market the first half of the year, then fall behind the market.

Options:

Lead

Lead-lag

Lag.

Lag-Lead

Question 20

When is it appropriate to practice open communications regarding pay decisions?

Options:

It is never appropriate; organizations should not share pay decisions with employees.

If the organizational culture supports open communications

If the organization's competitors practice open communications.

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Market Pricing - Conducting a Competitive Pay Analysis Questions and Answers

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Answer:

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Answer:

CompTIA

Fortinet

Microsoft

Salesforce