If the average wage rate for a particular job class is $13 per hour, but a less than average employee can be paid $11 per hour and an exceptional employee can be paid $15 per hour, then this organization is using which type of compensation policy within job classes?
A) flat rates
B) disbursed rates
C) red-circled rate
D) rate ranges
E) gold-circled rate

Question

Quizplus · Accepted Answer

The organization is using rate ranges within job classes, as there are different pay rates based on performance levels (less than average, average, and exceptional). This allows for some flexibility within the pay structure while still maintaining a range of acceptable pay rates for the job class.

If the Average Wage Rate for a Particular Job Class