Which of the following factors assist employers in determining employee pay rates? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
A)Company location
B)Industry benchmarks
C)Employee age
D)Employee skill

Question

Quizplus · Accepted Answer

Company location, industry benchmarks, and employee skill are relevant factors in determining pay rates. Location can affect the cost of living and thus wages; industry benchmarks provide a comparison against what others in the same sector are paying; and employee skill reflects the value the employee brings to the company. Employee age is not a valid factor due to age discrimination laws.

Which of the Following Factors Assist Employers in Determining Employee