The _____ uses external pay data to identify the relative value of jobs based on what other employers pay for similar jobs.
A) factor-comparison method
B) ranking method
C) point factor method
D) market pricing method

Question

Quizplus · Accepted Answer

The market pricing method uses external pay data to determine the relative value of jobs based on what other employers pay for similar jobs. The other methods listed - factor-comparison, ranking, and point factor - do not rely on external pay data in the same way.

The _____ Uses External Pay Data to Identify the Relative