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  • Exam Name: Quantitative Principles in Compensation Management
  • Last Update: 16-Apr-2024
  • Questions and Answers: 54
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C3E Questions and Answers

Question # 1

At 10% investment return, what would be in the same employee's account including investment earnings at the end of the year?









Question # 2

George & Kevin agree to job share. George will work two 10-hour days and Kevin will work three 7-hour days. What percent of the total weekly hours is George going to work?









Question # 3

Suppose your monthly pay is 3,000. The mean for all employees in your grade is 3,500, and the standard deviation is 200. What is your z-score relative to this group of employees?









Question # 4

For the same problem set, what does the value 50 represent in the same equation? y = 15000 + 50x


The monetary market-based pay increase associated with every additional point value in the job worth scale


The ratio of the change in y-values relative to the change in x-values on the line of best fit


The slope of the line


All of the above

Question # 5

What is the individual compa-ratio for an employee whose salary is 25,000 per year when the midpoint of the salary structure is 30,000?









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