WorldatWork Market Pricing - Conducting a Competitive Pay Analysis C17 Question # 44 Topic 5 Discussion

WorldatWork Market Pricing - Conducting a Competitive Pay Analysis C17 Question # 44 Topic 5 Discussion

C17 Exam Topic 5 Question 44 Discussion:
Question #: 44
Topic #: 5

Which one of the following terms refers to the act of adjusting pay rates based on a predetermined formula that takes into account factors such as cost of living and inflation?


A.

Market pricing


B.

Wage and salary surveys


C.

Pay compression


D.

Cost-of-living adjustments


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