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Worldatwork Discussions
Exam GR1 Topic 3 Question 60 Discussion
Worldatwork Exam GR1 Topic 3 Question 60 Discussion
Actual exam question for Worldatwork's GR1 exam
Question #: 60
Topic #: 3
[All GR1 Questions]
What is a primary purpose of pay grades or bands?
A
To identify a compensation range in which to group multiple jobs with similar value
B
To meet legal and regulatory requirements for classifying jobs according to market value
C
To provide documentation that supports termination decisions
D
To justify paying some employees less than market based on internal administrative limitations
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Suggested Answer:
A
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Aug 05, 2023, 05:11 AM
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Galen
3 months ago
Option A is the way to go. Though I do wonder if the pay grades are based on the actual value of the work or the perceived value of the employee's haircut.
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Ettie
2 months ago
User 4: That's true, it's also important to comply with regulations.
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Olen
2 months ago
User 3: B) To meet legal and regulatory requirements for classifying jobs according to market value
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Gianna
2 months ago
User 2: Option A is important for grouping similar jobs together.
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Alease
2 months ago
User 1: A) To identify a compensation range in which to group multiple jobs with similar value
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Darrin
3 months ago
Hey, where's the 'All of the above' option? That's usually the correct answer on these types of exams!
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Lashaunda
2 months ago
C) To provide documentation that supports termination decisions
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Lashandra
2 months ago
B) To meet legal and regulatory requirements for classifying jobs according to market value
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Moira
2 months ago
A) To identify a compensation range in which to group multiple jobs with similar value
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Hollis
3 months ago
Option D is tempting, but I doubt that's the primary purpose. Justifying paying below market value sounds more like a sneaky management tactic.
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Alpha
2 months ago
C) To provide documentation that supports termination decisions
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Shenika
2 months ago
A) I agree, it's important to have a structured way to group jobs based on their value
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Emerson
2 months ago
B) To meet legal and regulatory requirements for classifying jobs according to market value
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Lilli
2 months ago
A) To identify a compensation range in which to group multiple jobs with similar value
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Peggie
3 months ago
I'm leaning towards Option B. Meeting legal and regulatory requirements for job classification is a key purpose of pay grades.
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Bok
3 months ago
Option D doesn't seem like a good reason to have pay grades, it should be based on market value.
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Gilma
3 months ago
I think Option A is also crucial for grouping similar jobs together for fair compensation.
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Rebeca
3 months ago
I agree, Option B is important for ensuring compliance with laws and regulations.
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Veta
4 months ago
B) To meet legal and regulatory requirements for classifying jobs according to market value
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Cherilyn
4 months ago
I agree with Janessa, pay grades help in ensuring fair compensation for similar value jobs.
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Janessa
4 months ago
A) To identify a compensation range in which to group multiple jobs with similar value
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Harrison
4 months ago
Option A seems like the most reasonable answer. Grouping jobs with similar value into compensation ranges makes sense for managing the pay structure.
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Ahmad
2 months ago
Definitely, it provides a framework for consistent and equitable pay practices.
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Erasmo
2 months ago
It's important to have a clear system in place for setting pay rates.
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Alishia
3 months ago
It also simplifies the process of determining salary levels for different positions.
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Brock
3 months ago
I agree, it helps to ensure fairness in compensation.
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Galen
3 months agoEttie
2 months agoOlen
2 months agoGianna
2 months agoAlease
2 months agoDarrin
3 months agoLashaunda
2 months agoLashandra
2 months agoMoira
2 months agoHollis
3 months agoAlpha
2 months agoShenika
2 months agoEmerson
2 months agoLilli
2 months agoPeggie
3 months agoBok
3 months agoGilma
3 months agoRebeca
3 months agoVeta
4 months agoCherilyn
4 months agoJanessa
4 months agoHarrison
4 months agoAhmad
2 months agoErasmo
2 months agoAlishia
3 months agoBrock
3 months ago