Question 1

What does take priority in Market-Based approach to pay structure development?

Options :

A : Internal pay equity

B : Employee job satisfaction

C : External market pricing or competitiveness

D : Employee engagement

Answer: C

Question 2

What are the data integrity components that may impact the survey quality?

Options :

A : Submissions, data accuracy, survey vendor auditing

B : Survey response rate, survey participant demographics, survey topic relevance

C : Survey cost, survey methodology, survey timing

D : Survey participant anonymity, survey vendor reputation, survey incentives

Answer: A

Question 3

Which of the following is a characteristic of a good survey?

Options :

A : Survey sources are identified.

B : A limited sample size.

C : Aggregate data is trimmed.

Answer: A

Question 4

Which of the following is an advantage of market-based job evaluation and pay structure design?

Options :

A : Any market inequities are built in

B : Simple to administer

C : Takes into consideration the company-s perceived value of a job

D : Legally defensible based on job content

Answer: B

Question 5

A majority of surveys are reported in what format?

Options :

A : Linear regression

B : Summary statistics

C : Maturity curves

Answer: B

Free C17 Mock Exam – Practice Online Confidently