It looks at compensable factors in a group of similar jobs and assigns weights, or points, to them. 30) A disadvantage of the job classification method of job evaluation is the difficulty in: 30) _____ A) writing job descriptions. 6. A) Jobs are typically ranked based on the whole job. E. National Labor Relations Act. They describe all aspects of the jobs being evaluated. To classify a benchmark job, data is compiled from appropriate salary surveys to determine the median salary rate for the job.. What are the four compensable factors? worker characteristics: In the job analysis process this term represents a group of positions that are identical with respect to their major tasks. Answer and Explanation(1) _____ is mostly concerned with establishing internal pay equity. a. A. they are generally statistically derived. alleging that factors of her employment caused stress. In a decision dated February 28, 2017, OWCP denied modification of its June 8, 2016 decision. C) Factor weights 4. They represent the aspects that a company values and are willing to pay for. asked Sep 8, 2019 in Business by BrownBoa A. It can be achieved by installing service packs and security updates on a regular basis. They are used to ensure equity among employees. They are generally statistically derived. Which statement is true of compensable factors? A) skills B) accountability C) responsibility D) working conditions. a. d. It is complicated because it breaks down compensable factors into subfactors. B) Several compensable factors are commonly used to rank jobs. It is true that some grievances on disciplinary actions were settled by mutual agreement; for example, a 14-day suspension dated December 26, 1996 was reduced to a 7-day suspension. *No true or f alse on the ex am, only a mixture o f short answer . E) assign points to compensable factors. 66) Contract law governs collective agreements and individual employment contracts. A perceived violation of a contract provision is known as a. grievance. What is a disadvantage of having very narrow pay grades? Chapter 8: Evaluatin g Jobs - The Poi nt Factor Method Under pay equity legislation, orga nizations need to evaluate three out of the four main categories of compensable factors in evaluating jobs. 28.All the following are true of compensable factors except: A. reinforce an organization's culture. D) They describe all aspects of the jobs being evaluated. Which of the following is a disadvantage of the factor comparison method of job evaluation? 28) 29) Another way to categorize jobs, other than using class descriptions, when undertaking the job classification method is to: A) assign points to compensable factors. Assume a company has a policy that unused vacation leave can be carried over from year to year if not used. A. C) rank jobs by compensable factors. Homelife,a national chain of high-end furniture stores,employs nearly 800 workers.In the past few years,the company's market share has dropped significantly,and employee turnover has increased.Upper management is considering the implementation of a new compensation policy in its efforts to turn the company around.Historically,the company has paid all employees similarly with some variation for . B) represent the nature of work. D. They describe all aspects of the jobs being evaluated. D) Ranking is . To determine the value of a job for internal equity 79 of the following are not generally considered to be a compensable factor in job evaluation? Also assume that employees of the company are expected to work for, on average, 15 more years and that, because of a staff shortage and busy work demands, no . Ideally, these compensable factors are independent so that the ranking differs by factor, a result evident in the example of Table I as each order of ranking is different. There is a scientific research analysis that shows which compensable factors are important and how much more important than others so that salaries can be calculated fairly. Which of the f ollowing is NO T a job ev aluation compensable factor requir ed by pay e quity . • Often, task statements will also include such components as where the task is done, how it is done, why it is done, and when it is done. C) draw up a set of classifying rules. . Grenstall Inc., a software development firm, has adopted a new job evaluation system in which managers are asked to objectively quantify the value of eight to ten compensable factors of each job in the organization. D. B) It is a complex quantitative method that combines the ranking and point factor methods. B. support the business direction. Which of the following statements is true regarding how many factors and different job evaluation systems, by law, should be used? B. Which of the following statements is most likely true about the product life cycle? B) point method. D) Growth is a period of rapid market acceptance and increasing profits. A. Develop online software support. They are generally statistically derived. A. He selects 12 benchmark jobs in the firm and then ranks each of these jobs against compensable job factors such as physical effort, responsibility, skill, and nature of the working conditions. Each benchmark job is ranked on each compensable factor. Write 'T' if the statement is true and 'F' if the statement is false. Question 1. B) Several compensable factors are commonly used to rank jobs. d. It is a simple system that places jobs in order, from highest to lowest, by their value to the organization. A. 7. The points for each factor are summed to form a total point score for the job. C. It can be achieved by locking the computer room. 7. Point systems typically evaluate eight to ten compensable factors for each job. D) Compensable factors Answer: A Difficulty: 1 Easy Topic: Job Evaluation Methods Accessibility: Keyboard Navigation 19) The _____ method of job evaluation is the most . E) Hay plan method. Apply to non-benchmark jobs.8. Which of the following equals an employee's pay rate divided by the pay range midpoint for his or her pay grade? A single pla n is require d for a barg aining unit in uni onized or ganiz ations . Which of the following is true of the classification method of job evaluation? Which of the following statements about system hardening are true? Explanation: C) The factors that determine the design of any pay plan include legal, union, company strategy and policy, and equity. Which compensable f actor w ould you include under th e main cat egory . B. compensable factors of employment and her diagnosed condition. Some factors are more important or valuable than others, so Beth will give a relative weight to each factor. C. They refer to the factors that are important for setting the two-tier wage system. deciding which jobs have a higher number of compensable factors identifying and quantifying the compensable factors present in a job <p>ranking each job relative to all other jobs based on pay grade</p> . gives employers less flexibility in the labor market identifies and corrects out-of-line pay rates facilitates the administration of a total rewards system gives employers more flexibility in the labor market Question 2. An employer's refusal to process grievances is a violation of the. It looks at compensable factors in a group of similar jobs and assigns weights to them? Which of the following statements is true of compensable factors? 30. D) draw up a set of classifying rules. D. they describe all aspects of the jobs being evaluated. Once this is done for all the compensable factors to be used, the analyst examines individual jobs to determine which factors are most important, assigning weights to these categories. These compensable factors are the yardsticks used to determine the relative position of jobs. D. It is used for securing an operating system. c. It disregards external market wage rates. Therefore, compensable factors are typically identified and classified based on the company's values and culture. C) factor comparison method. What are compensable factors? Access to the full exam . False. 16. Step 3: Rate Task Statements • Once the task . Step 2: Write Task Statements • A properly written task statement must contain an action (what is done) and an object (to which the action is done). Core competencies. Which of the following statements is true of a . They are generally statistically derived. C) The ranking method is typically more time consuming than other methods. C. they refer to the factors that are important for setting the two-tier wage system. A) In this method, descriptions of each group of jobs are written and then each job is put into a grade according to the group it best matches. certification process. It is used for securing the computer hardware. Central basic factors that establish how several jobs compare to one another and that determine the pay for each job are called ________. Which of the following statements is true of compensable factors? Which statement is true of compensable factors? b. Which of the following statements is most likely true about the ranking method of job evaluation? Which of the following is true of compensable factors? Note: An ergonomic process uses the principles of a safety and health program to address MSD hazards. compensable factors: This evaluation method uses benchmark jobs to determine a job's value. B) They are the characteristics of a job that a firm values and chooses to pay for. Which of the following statements is true regarding how many factors and different job evaluation systems, by law, should be used? A compensation package can include pay, health-care benefits, and other benefits such as 401 (k) plans. 1 points . The Board finds that Dr. O'Leary's opinion is of diminished probative value as it was not based on an accurate factual framework.15 OWCP did not provide Dr. O'Leary with a comprehensive statement of accepted facts including all the factors found by the Board as compensable. A) Throughout the product introduction stage, sales are zero. A) skills B) accountability C) responsibility D) working conditions. 5. B) They are the characteristics of a job that a firm values and chooses to pay for. C) Profits are nonexistent in the growth stage. Select one: a. C. represent the nature of work. C) It looks at compensable . E. Which of the following statements is true of compensable factors? These compensable factors are based on . QUESTION 20. Brad, a manager at a new investment firm, is performing job evaluation. Under the Davis-Bacon Act of 1931 and the Walsh-Healy Public Contracts Act of 1936, federal contractors must pay their employees at rates at least equal to the prevailing wages in the area. D) point method. 6. E. A) compensable factors B) job evaluation factors C) ranking factors D) analysis factors. QUESTION 19. Each job is rated using the job evaluation instrument. C. They are used to ensure equity among employees. When a priori weights method is used, factors are weighted using expert judgments. Appellant, on July 12, 2016, requested reconsideration. Which of the following statements is true of compensable factors? A benchmark job is one that has a standard and consistent set of responsibilities from one organization to another and for which data is available in valid and reliable salary surveys. Assignments; Business _____ is mostly concerned with establishing internal pay equity. legislation in On . _____ are to behavioral descriptors as skill analysis is to the certification process. E. job Compensable factors are a central part of the point method. Communicate the plan and train users. C) factor comparison method. A) Jobs are typically ranked based on the whole job. Which of the following is true of the classification method of job evaluation? D. are common within an industry type. A) compensable factors B) job evaluation factors C) ranking factors D) analysis factors. A) In this method, descriptions of each group of jobs are written and then each job is put into a grade according to the group it best matches. C) developing job clusters. if an employee does not like the harsh tone of his supervisor, the employee is said to have a. gripe. When this system is applied to every job in the organization, expected compensable factors for each job are listed, along with corresponding points to determine which jobs have the most relative importance . Compensable factors, skill blocks, and competency sets are all for the purpose of: determining what to value. The following statement is an example of _____ of job evaluation. They are the characteristics of a job that a firm values and chooses to pay for. B. The U.S. government uses all of the following compensable factors to writ a grade definition EXCEPT _____. Central basic factors that establish how several jobs compare to one another and that determine the pay for each job are called ________. Which of the following takes place once the job evaluation system has been finalized? They are the characteristics of a job that a firm values and chooses to pay for. Compensable factors are the criteria used in evaluating a job and determining the salary level a particular job is due. Mental has a degree rating of 4. All of the following statements are true EXCEPT: employee referral program is an informal method of recruiting. True. This ranking is based on job descriptions created during job analysis. compa ratio pay grade wage curve rate range Question 2. Which of the following statements is true of compensable factors? A) They are generally statistically derived. For example, if an office manager position requires four to six years of experience, it would be assigned a preliminary value of 50 points for this factor. B. . In a sense, choosing compensable factors is the heart of job evaluation. a. compensable factors are weighed b. all jobs are scored c. factor degrees are analyzed d. factor weightings are measured; 1 points . Which statements about compensable factors is (are) correct? E) grouping jobs. D) Hay plan method. OSHA, (August 18, 2011). Job evaluations. b. Quiz 6 :Compensation and Benefits. Which of the following is true of the point-factor system? In a September 15, 2011 decision, OWCP found that she did not establish a compensable factors of employment and denied her claim that she sustained an emotional condition in the performance of duty. SP No. It evaluates or compares jobs using a factor-comparison scale as a benchmark O It is less . b. factors of employment and may not be considered.10 If a claimant does implicate a factor of employment, the Office should then determine whether the evidence of record substantiates that factor. b) It requires managers to describe the value of the various elements of specific jobs in subjective terms. 2. determine compensable factors 3. scale the factors 4. weight the factors according to importance 5. 67) Under equal pay for equal work legislation, pay differences based on a valid merit or seniority system or employee productivity are permitted. Not only do these factors place jobs in the organization's job hierarchy, but they also serve to inform job incumbents which contributions are rewarded. A firm's vision indicates what the firm wants to become in the future, and it has less of an impact on pay plan design than the other factors. Pay equity law requires a single plan be used for all jobs in a unionized company. Jim, a 23 years old factory worker, was seriously injured when a hammer fell on his head while he was at his work station. Which of the following statements is true of the point system for job evaluation? D) reinforce an organization's culture. The main steps in developing a point method of job evaluation system are as follows: identify the compensable factors, scale the factors, weight the factors, and apply and test the system. (Choose two) A. They refer to the factors that are important for setting the two-tier wage system. An example of a typical compensable factor is: education _____ provide the basis for decisions about relative internal worth. The calculation of prevailing rates must be based on _____ percent of the local labor force. The Equal Pay Act focuses on three compensable factors—know-how, problem solving, and accountability . increase discretionary efforts. The Equal Pay Act of 1963 has defined 4 most . D. They are generally statistically derived. Which of the following statements is most likely true about the ranking method of job evaluation? grievance handling. Write 'T' if the statement is true and 'F' if the statement is false. . The employing establishment provided a statement on December 9, 2011 countering I only; II only; I and II only; II and III only; I, II and III Beverage Distribution Hazard Alert Letter. They are the characteristics of a job that a firm values and chooses to pay for. B) The growth stage is the longest stage of the product life cycle. Which step in developing a job evaluation system using the point method recognizes the variations in importance? 30. It is not easily adapted to changes in the jobs being evaluated. 4 Next one allocates existing pay rates across these factors, a matter of taking the wage rates/salaries of the key jobs and allocating them across each of the compensable . They are generally statistically derived. What is true of the point factor method of job evaluation? B) ranking method. A) They are generally statistically derived. All the following are true of compensable factors except: are common within an industry type. Which of the following is true of the classification method of job evaluation? When the matter asserted is a compensable factor of employment and the evidence of They refer to the factors that are important for setting the two-tier wage system. difficulty and variety of work accountability knowledge required supervision received and exercised The Board disagrees with this assessment of the evidence. D) writing grade descriptions. Which of the following is true of key jobs? B. they are the characteristics of a job that a firm values and chooses to pay for. Once the compensable factors are determined, each is given a weight compared to the importance of this skill or ability to the organization. This approach differs from the straight ranking plan in that each job is ranked on each factor rather than as a whole job. Another type of job evaluation system is the point-factor system, which determines the value of a job by calculating the total points assigned to it.The points given to a specific job are called compensable factors.These can range from leadership ability to specific responsibilities and skills required for the job. It fails evaluate jobs on a component basis. They describe all aspects of the jobs being evaluated. 150042, which nullified and set aside the Decision dated November 24, 2016 of the three-man panel of the Regional Conciliation and Mediation Board (RCMB) in MVA-078-RCMB-NCR . a. D) They describe all aspects of the jobs being evaluated. A) They should remain constant during major shifts in business strategies. B) Documentation supporting the choice of factors for different jobs provides the C) Differences in factors that are not based on the work itself diminishes the likelihood D) The compensable factors used to slot jobs into the pay structure should be . c. asked May 7, 2016 in Business by Sonia. Explanation. A compensable factor of effort has a weight 30% and has two sub-factors, physical and mental. Grenstall Inc., a software development firm, has adopted a new job evaluation system in which managers are asked to objectively quantify the value of eight to ten compensable factors of each job in the organization. Compensable factor is a fundamental element of a job such as skills, effort, responsibility and working conditions. A) Jobs are typically ranked based on the whole job. Compensable factors are related to job content. The relationship with this and job specification is that they both focus on the aspects of the actual job to determine pay. Compensable factors should re ect what the organization values in the work. Difficulty: Easy Chapter: 11 Objective: 1 AACSB: Analytical Thinking What is the benefit of using pay ranges for each pay grade? Compensable factors are the characteristics of a job that a company _____. Jim hadn't worn his safety helmet at the time of the accident even though the safety rules of the company necessitate the use of safety helmets at all times. 36) Which of the following is true about compensable factors? point method: Abilities, interests and work styles are elements for which O*NET category? c. factor-comparison method d. market-basket analysis method. no compensable work factors were found. D) Ranking is usually appropriate for large employers . E) They are used to ensure equity among employees. Select criterion pay structure. Pay systems can be used to reward individual or team performance and encourage employees to work at their own peak performance. 2,000 points are distributed between compensable factors, Based on the following: education 750 points, time pressure 350 points, customer contact 500 points, and communication skills 400 points. TRUE/FALSE. C) are common within an industry type. E) They are used to ensure equity among employees. Each factor is then divided into levels or degrees which are then assigned points. The Davis-Bacon Act of 1931: 14 The _____ uses external pay data to identify the relative value of jobs based on what other employers pay for similar jobs. B. E) ranking method. In this system, job evaluators apply a weighting method before generating scores for the compensable factors. D. They describe all aspects of the jobs being evaluated. Key jobs have relatively unstable content and are uncommon to many organizations. C) They refer to the factors that are important for setting the two-tier wage system. B) rank jobs by compensable factors. a) It typically evaluates 8-10 compensable factors for each job. a compensable factor of employment. Compensable factors are job characteristics that an organization values and chooses to pay for. All the following are true of compensable factors except: A) support the business direction. C. They refer to the factors that are important for setting the two-tier wage system. Appropriate compensable factors are those characteristics of jobs that are valued by the organization and differentiate jobs from one another. This is a Petition for Review on Certiorari [1] under Rule 45 of the Rules of Court, assailing the Decision [2] dated May 3, 2018 and the Resolution [3] dated August 20, 2018 of the Court of Appeals (CA) in CA-G.R.
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