LennoCorp is using a job evaluation system in which they evaluate jobs by comparing their descriptions with predetermined wage grades. While they appreciate the simplicity of this system, they want to switch to a system that is more precise. LennoCorp should consider moving to what type of job evaluation system?
A) Job ranking
B) Job classification
C) Point system
D) Competency-based
Correct Answer:
Verified
Q122: LennoCorp captured information regarding the current rates
Q123: LennoCorp has spent a lot of time
Q124: A number of employees at LennoCorp have
Q125: _ helps eliminate the obsession with grades
Q126: A number of employees in the production
Q128: The biggest challenge with competence-based pay is
A)encouraging
Q129: According to the compensation scorecard, functions with
Q130: The new management at LennoCorp felt that
Q131: The description "G2 jobs include those classes
Q132: _ is a pay system in which
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