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31. A type of job evaluation system which determines the value of a specific job by calculating its compensable factors is the _____. a. Hay profile method b. job ranking system c. paired comparison d. job classification system e. point-factor system 32. _____ is a type of job evaluation that focuses on three factors called know-how, problem solving, and accountability. a. Job classification system b. Point-factor system c. Job ranking system d. Hay profile method e. Paired comparison method 33. The process of setting the pay scale for specific jobs or types of jobs is called _____. a. pay grading b. delayering c. variable pay system d. management fit e. going rate model 34. Which of the following is true with regard to pay grading? a. Once the levels are developed, each job is assigned the same pay grade. b. When employees receive minimal raises, they move to a higher pay grade. c. This method is most appropriate when an organization seeks to hire the best talent. d. The system ensures fairness and leaves little room for discrimination in pay. e. Everyone performing the same job is not rewarded equally in this system. 35. Which of the following pay level models cuts down the number of pay levels, thus enabling a broader range of pay and more flexibility within each level? a. Variable pay system b. Management fit model c. Delayering and banding process d. Going rate model e. Pay grading system  Â

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