True. E) assign points to compensable factors. False. What is a disadvantage of having very narrow pay grades? D. are common within an industry type. 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 . TRUE/FALSE. 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. 2. determine compensable factors 3. scale the factors 4. weight the factors according to importance 5. • 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. Which of the following statements is most likely true about the ranking method of job evaluation? Which statements about compensable factors is (are) correct? 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. 5. Which of the following statements is true regarding how many factors and different job evaluation systems, by law, should be used? . E. QUESTION 20. B. they are the characteristics of a job that a firm values and chooses to pay for. They are the characteristics of a job that a firm values and chooses to pay for. d. It is complicated because it breaks down compensable factors into subfactors. Which of the following statements is most likely true about the ranking method of job evaluation? 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. The Board disagrees with this assessment of the evidence. When a priori weights method is used, factors are weighted using expert judgments. c. C) It looks at compensable . Central basic factors that establish how several jobs compare to one another and that determine the pay for each job are called ________. 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. a. Write 'T' if the statement is true and 'F' if the statement is false. Assignments; Business _____ is mostly concerned with establishing internal pay equity. . All the following are true of compensable factors except: are common within an industry type. They are used to ensure equity among employees. Which statement is true of compensable factors? 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 . It is not easily adapted to changes in the jobs being evaluated. B) Several compensable factors are commonly used to rank jobs. Assume a company has a policy that unused vacation leave can be carried over from year to year if not used. Explanation. A) They are generally statistically derived. Which of the following is true of the classification method of job evaluation? D. They describe all aspects of the jobs being evaluated. A. They represent the aspects that a company values and are willing to pay for. A) compensable factors B) job evaluation factors C) ranking factors D) analysis factors. This approach differs from the straight ranking plan in that each job is ranked on each factor rather than as a whole job. a) It typically evaluates 8-10 compensable factors for each job. E) grouping jobs. 14 The _____ uses external pay data to identify the relative value of jobs based on what other employers pay for similar jobs. 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. Which step in developing a job evaluation system using the point method recognizes the variations in importance? They are the characteristics of a job that a firm values and chooses to pay for. B) It is a complex quantitative method that combines the ranking and point factor methods. compensable factors of employment and her diagnosed condition. Which of the following statements is true of a . Compensable factor is a fundamental element of a job such as skills, effort, responsibility and working conditions. C) Factor weights 4. Key jobs have relatively unstable content and are uncommon to many organizations. It evaluates or compares jobs using a factor-comparison scale as a benchmark O It is less . Once the compensable factors are determined, each is given a weight compared to the importance of this skill or ability to the organization. _____ are to behavioral descriptors as skill analysis is to the certification process. They refer to the factors that are important for setting the two-tier wage system. QUESTION 19. Difficulty: Easy Chapter: 11 Objective: 1 AACSB: Analytical Thinking 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. B) ranking method. Compensable factors should re ect what the organization values in the work. A) They are generally statistically derived. 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. B. D) Compensable factors Answer: A Difficulty: 1 Easy Topic: Job Evaluation Methods Accessibility: Keyboard Navigation 19) The _____ method of job evaluation is the most . The Davis-Bacon Act of 1931: b. a. if an employee does not like the harsh tone of his supervisor, the employee is said to have a. gripe. Click to see full answer. A) compensable factors B) job evaluation factors C) ranking factors D) analysis factors. The broader the group of jobs to be covered with a single job evaluation system, the greater the number of factors that will be needed. It looks at compensable factors in a group of similar jobs and assigns weights to them? E. The Equal Pay Act focuses on three compensable factors—know-how, problem solving, and accountability . (Choose two) A. Compensable factors are the criteria used in evaluating a job and determining the salary level a particular job is due. 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. Each factor is then divided into levels or degrees which are then assigned points. a compensable factor of employment. C) factor comparison method. C. represent the nature of work. A compensable factor of effort has a weight 30% and has two sub-factors, physical and mental. b. 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 . B) They are the characteristics of a job that a firm values and chooses to pay for. 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. The U.S. government uses all of the following compensable factors to writ a grade definition EXCEPT _____. B) rank jobs by compensable factors. They are generally statistically derived. Mental has a degree rating of 4. What is the benefit of using pay ranges for each pay grade? D) writing grade descriptions. Question 1. C. It can be achieved by locking the computer room. The Equal Pay Act of 1963 has defined 4 most . Skill blocks are to job evaluation as _____ is to factor degrees and weights. It can be achieved by installing service packs and security updates on a regular basis. D. They are generally statistically derived. Which of the following statements is true of compensable factors? Compensable factors are related to job content. A single pla n is require d for a barg aining unit in uni onized or ganiz ations . 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. 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. Some factors are more important or valuable than others, so Beth will give a relative weight to each factor. 30. A compensable factor 78 is the main purpose of doing a job evaluation with respect to total rewards? 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 . B) classifying jobs. D) They describe all aspects of the jobs being evaluated. B. E. 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 statement is true of compensable factors? An employer's refusal to process grievances is a violation of the. 7. Appropriate compensable factors are those characteristics of jobs that are valued by the organization and differentiate jobs from one another. C) rank jobs by compensable factors. Brad, a manager at a new investment firm, is performing job evaluation. Which of the following is true of key jobs? C) They refer to the factors that are important for setting the two-tier wage system. National Labor Relations Act. Which of the f ollowing is NO T a job ev aluation compensable factor requir ed by pay e quity . Appellant, on July 12, 2016, requested reconsideration. E. grievance handling. C. they refer to the factors that are important for setting the two-tier wage system. 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? Question 1. 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? Select criterion pay structure. The points for each factor are summed to form a total point score for the job. A) Jobs are typically ranked based on the whole job. Examples of a compensable factor may be problem-solving or supervisory skills. When the matter asserted is a compensable factor of employment and the evidence of D) Growth is a period of rapid market acceptance and increasing profits. C) The ranking method is typically more time consuming than other methods. market pricing method . C. They refer to the factors that are important for setting the two-tier wage system. C) factor comparison method. The calculation of prevailing rates must be based on _____ percent of the local labor force. It found that appellant failed to corroborate her account of the events on March 23, 2016 and thus had not established verbal abuse or harassment. They describe all aspects of the jobs being evaluated. Such a process should be viewed as an ongoing function that is incorporated into the daily operations, rather than as an individual project. D) point method. Which of the following compensable factors would you include under the . In this system, job evaluators apply a weighting method before generating scores for the compensable factors. A) They should remain constant during major shifts in business strategies. B) represent the nature of work. C) developing job clusters. 1 points . *No true or f alse on the ex am, only a mixture o f short answer . D. It is used for securing an operating system. A) skills B) accountability C) responsibility D) working conditions. They are the characteristics of jobs that a firm values and chooses to pay for. 67) Under equal pay for equal work legislation, pay differences based on a valid merit or seniority system or employee productivity are permitted. A) Jobs are typically ranked based on the whole job. The relationship with this and job specification is that they both focus on the aspects of the actual job to determine pay. Which of the following takes place once the job evaluation system has been finalized? Therefore, compensable factors are typically identified and classified based on the company's values and culture. B. Apply to non-benchmark jobs.8. Which of the following statements is true regarding how many factors and different job evaluation systems, by law, should be used? 7. B. support the business direction. In a sense, choosing compensable factors is the heart of job evaluation. In a decision dated February 28, 2017, OWCP denied modification of its June 8, 2016 decision. B. d. It is a simple system that places jobs in order, from highest to lowest, by their value to the organization. certification process. B) It is a complex quantitative method that combines the ranking and point factor methods. E) Hay plan method. C) draw up a set of classifying rules. 30. A) The broader the group of jobs to be covered with a single job evaluation system, the greater the number of factors that will be needed. difficulty and variety of work accountability knowledge required supervision received and exercised D) reinforce an organization's culture. A. They are the characteristics of a job that a firm values and chooses to pay for. D) draw up a set of classifying rules. 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. Pay equity law requires a single plan be used for all jobs in a unionized company. A) skills B) accountability C) responsibility D) working conditions. Which of the following statements is true of compensable factors? C) The ranking method is typically more time consuming than other methods. asked Sep 8, 2019 in Business by BrownBoa A. C. They refer to the factors that are important for setting the two-tier wage system. Which of the following statements is true of the point system for job evaluation? SP No. C. In a priori weights method, weights are assigned to noncompensable factors. D) Ranking is . D. They describe all aspects of the jobs being evaluated. D) Hay plan method. C. They are used to ensure equity among employees. B) The growth stage is the longest stage of the product life cycle. Which of the following statements is most likely true about the ranking method of job evaluation? C) They refer to the factors that are important for setting the two-tier wage system. They are generally statistically derived. Quiz 6 :Compensation and Benefits. Compensable factors, skill blocks, and competency sets are all for the purpose of: determining what to value. D) Ranking is usually appropriate for large employers . D) They describe all aspects of the jobs being evaluated. Job evaluations. Which of the following statements is true of compensable factors? 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. 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 . Access to the full exam . legislation in On . 6. The employing establishment provided a statement on December 9, 2011 countering Select one: a. A. they are generally statistically derived. a. Which of the following statements about system hardening are true? 31) The job evaluation method in which a number of compensable factors are identified, and then the degree to which each of these factors is present on the job is determined, is the: 31) _____ A) job classification method. 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 . 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 following is true of the point-factor system? 36) Which of the following is true about compensable factors? A perceived violation of a contract provision is known as a. grievance. D. C) It looks at compensable . Which of the following is true of the classification method of job evaluation? I only; II only; I and II only; II and III only; I, II and III 28.All the following are true of compensable factors except: A. reinforce an organization's culture. increase discretionary efforts. 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. 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. 66) Contract law governs collective agreements and individual employment contracts. Answer and Explanation(1) _____ is mostly concerned with establishing internal pay equity. Question: Question 27 1 pts Which of the following statements is true of compensable factors? 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. compensable factors: This evaluation method uses benchmark jobs to determine a job's value. An example of a typical compensable factor is: education _____ provide the basis for decisions about relative internal worth. Which of the following statements is true of compensable factors? Which of the following is true of the classification method of job evaluation? Point systems typically evaluate eight to ten compensable factors for each job. Pay systems can be used to reward individual or team performance and encourage employees to work at their own peak performance. A. Core competencies. D. They describe all aspects of the jobs being evaluated. Which of the following equals an employee's pay rate divided by the pay range midpoint for his or her pay grade? Explanation: C) The factors that determine the design of any pay plan include legal, union, company strategy and policy, and equity. Compensable factors are job characteristics that an organization values and chooses to pay for. Which of the following is a disadvantage of the factor comparison method of job evaluation? c. It disregards external market wage rates. A. 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. Which of the following statements is true of compensable factors? What is true of the point factor method of job evaluation? 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> OSHA, (August 18, 2011). All the following are true of compensable factors except: A) support the business direction. Beverage Distribution Hazard Alert Letter. A compensation package can include pay, health-care benefits, and other benefits such as 401 (k) plans. 6. These compensable factors are the yardsticks used to determine the relative position of jobs. 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. 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. 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