Worldatwork Exam GR1 Topic 3 Question 70 Discussion

Actual exam question for Worldatwork's GR1 exam

Question #: 70
Topic #: 3

[All GR1 Questions]

When using a market pricing approach to build a base pay structure, what percentage of job content should typically be similar for a job match to be considered good for benchmarking purposes?

A10% or more

B30% or more

C50% or more

D70% or more

Show Suggested Answer

Suggested Answer: D

by Devora at Mar 19, 2024, 08:06 PM

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Denna

15 days ago

I think 70% similarity would be even better for accurate benchmarking.

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Gary

19 days ago

I agree with Lavonna, 50% similarity seems like a reasonable threshold for benchmarking purposes.

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Lavonna

24 days ago

I think the job content should be at least 50% similar for good benchmarking.

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