In pricing jobs, the appropriate pay level for any job reflects:

A) the productivity of the organization
B) the firm's compensation philosophy
C) manager preferences
D) the compa-ratio
E) the job's relative and absolute worth

Question

Simran Thakur · Accepted Answer

Final Answer : E, Explanation :  The appropriate pay level for any job reflects the job's relative and absolute worth. This means that the pay for a particular job should be determined based on the job's responsibilities, skills required, and the labor market conditions. This will ensure that employees are treated fairly and that the organization is competitive in attracting and retaining talent. The other options, such as productivity, compensation philosophy, manager preferences, and compa-ratio, may influence the pay decision in some way, but they are not the primary drivers of determining the appropriate pay level for a job.

In pricing jobs, the appropriate pay level for any job reflects:

A) the productivity of the organization
B) the firm's compensation philosophy
C) manager preferences
D) the compa-ratio
E) the job's relative and absolute worth

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Related questions

In pricing jobs, the appropriate pay level for any job reflects:A) the productivity of the organizationB) the firm's compensation philosophyC) manager preferencesD) the compa-ratioE) the job's relative and absolute worth

Definitions

Learning Objectives

Learning Objectives

Related questions

In pricing jobs, the appropriate pay level for any job reflects:

A) the productivity of the organization
B) the firm's compensation philosophy
C) manager preferences
D) the compa-ratio
E) the job's relative and absolute worth