ch. 11 Flashcards
(7 cards)
1
Q
pay level
A
The average pay,
including wages, salaries, and bonuses, of
jobs in an organization.
2
Q
job structure
A
The relative pay of jobs
in an organization.
3
Q
rate ranges
A
Different employees in
the same job may have
different pay rates.
4
Q
job evaluation
A
An administrative procedure used to measure internal job worth.
5
Q
pay policy line
A
A mathematical expression that describes the
relationship between
a job’s pay and its job
evaluation points.
6
Q
pay grades
A
Jobs of similar worth or content grouped together for pay administration purposes.
7
Q
compa-ratio
A
An index of the
correspondence
between actual and
intended pay.
