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Oksi-84 [34.3K]
2 years ago
12

Sylvia Taylor talks about the company’s Total Rewards program, the goal of which is to compensate employees at a competitive lev

el. Which of the following tools can managers use to collect quantifiable data that makes it easy to compare the duties and responsibilities of one job relative to another?
Business
2 answers:
soldier1979 [14.2K]2 years ago
5 0

Answer:

C. Position analysis questionnaire.

Explanation:

A job evaluation is a management compensation method that is, a systematic way of determining the value/worth of a job in relation to other jobs in an organization. Job analysis is a family of procedures to identify the content of a job in terms of activities involved and attributes or job requirements needed to perform the activities.

Methods of job analysis include:

Position analysis questionnaire (PAQ): It is defined as a job analysis questionnaire that evaluates job skill level and basic characteristics of applicants for a set match of employment opportunity.

The primary reason to use a position analysis questionnaire is to gather quantitative data that enables managers to compare jobs for pay or compensation purposes.

olya-2409 [2.1K]2 years ago
3 0

Answer:

Position analysis questionnaire.

Explanation:

The position analysis questionnaire (PAQ) is a structured job analysis questionnaire that aids the user in conducting a quantified analysis of a given job. To complete a job analysis using the PAQ, the user reviews background information, observes the job, and conducts thorough interviews with job incumbents to determine job content then rates the extent to which each item on a standard list of PAQ job elements applies to that particular job. There are six types of rating scales used in the PAQ:

• Extent of Use;

• Importance to This Job;

• Amount of Time;

• Possibility of Occurrence;

• Applicability; and

• Item-Specific scales.

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the products than to customer needs.

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3 0
3 years ago
A.J., a 20-something college graduate, was recently hired as a financial-analyst assistant for a large company. He recalled that
Helga [31]

Answer:

prepare an expense record, and make certain that his credit is good so he can continue to spend more than he makes

Explanation:

Since in the question it is mentioned that an individual is recently hired as a financial analyst for a big company he remebered that how he can manage his personal finance and the financial concerns so in order to maintain its approach with respect to his own finance we should suggest that first prepare the record of an expense and also certain about the good credit score so that he is able to spend more

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4 0
3 years ago
You believe you must withdraw $12,000 per month during retirement. You plan to be retired for 30 years. Assuming your money will
jek_recluse [69]

Answer:

$2,385,086

Explanation:

To answer this question, we need to use the present value of an ordinary annuity formula:

PV = A ((1-(1+i)^{-n} )/i)

Where:

  • A = Value of the annuity
  • i = interest rate
  • n = number of compounding periods

Because the interest rate is annual, it is convenient to convert it to a monthly rate.

4.5% annual rate = 0.37% monthly rate.

The number of compounding periods will be = 12 months x 30 years

                                                                            = 360 months

Now, we simply plug the amounts into the formula:

X = $12,000((1-(1 + 0.0037)^{-360} )/0.0037)

X = $2,385,086

You will need to have saved $2,385,086 if you plan to retire under the aforementioned circumstances.

7 0
3 years ago
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