SHRM Total Rewards Practice Questions - SHRM Total Rewards Specialty Credential Exam

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A company uses the point-factor method for job evaluation. An analyst is reviewing a clerical role and a technical role. What is the PRIMARY purpose of this method?

To assign a relative internal worth to jobs based on compensable factors To compare jobs against market salary surveys To determine the exact market rate for each job To rank jobs by their titles and reporting levels

Correct Answer:

To assign a relative internal worth to jobs based on compensable factors

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