EXAM SCRIPT 2026 FULL QUESTIONS AND
CORRECT ANSWERS ALREADY PASSED
MATERIAL
⩥ Job Structure. Answer: Organized listing of the business's jobs that
functionally groups and hierarchically arranges the jobs for the rewards
purpose.
⩥ Job-value Structure. Answer: Represents the structure of jobs
internally positioned according to their relative value. Answers the
questions of what the jobs are, how they are related and the relative
importance of each.
⩥ Compensable factors. Answer: Job elements or criteria that identify
what the organization values for purposes of job evaluation. Step one in
the Point Factor Approach.
⩥ Benchmark Jobs. Answer: Sample of jobs that is representative of the
type, content and level of jobs in the organization.
⩥ Rating Scales. Answer: Tools used to measure compensable factors in
step two of the Point Factor Approach.
, ⩥ Anchored Rating Scale. Answer: Use examples and/or definitions for
each point value on the scale.
⩥ Variable Distance Scale. Answer: Uses different point distances
between each level in the scale.
⩥ Factor Weighting. Answer: The process of deciding how important
compensable factors are to the organization
⩥ Face validity. Answer: The extent to which the system produces
relative job values that appear to be accurate and creible.
⩥ Labor-driven job Market. Answer: When the demand for a particular
set of KSA's is high and the supply of these KSA's is low.
⩥ Product and Services Market. Answer: Organizations compete to
create value through the production of goods or the provision of services
for customers in exchange for money and loyalty
⩥ Benchmark competitors. Answer: A selection of primary organizations
that exemplify the labor and product/service markets in which the
organization competes.