Asked by
Kevin TheManBeast
on Oct 16, 2024Verified
In calibrating job evaluation results with the market,we select "key" organizational jobs for market comparisons.What are these "key" jobs called?
A) benchmark jobs
B) market comparators
C) market calibrators
D) compensable jobs
Benchmark Jobs
Positions within an organization used as a standard or comparison point for determining the value of other jobs and setting salary levels.
Market Comparisons
The process of comparing an organization's compensation levels, benefits, and job functions to similar positions in other companies within the same industry to establish competitive salaries.
- Understand the role of benchmark jobs in calibrating job evaluations with the market.
Verified Answer
TH
Learning Objectives
- Understand the role of benchmark jobs in calibrating job evaluations with the market.