Modifying a Job Evaluation Worksheet This chapter discusses the principles of internally consistent compensation systems and the practices that establish them The point method system assigns point values to jobs based on the degree of compensable factors that define them Whon job evaluation is conducted correctly jobs with higher point totals will be valued in Terms of average market pay rates) more highly than jobs with lower point totals. The following list shows five jobs and each job's point total Job Title Job Evaluation Point Total Management trainee 150 points Assistant manager 260 points Associate manager 400 points Manager 475 points Senior manager 650 points Let's assume that the average market pay rate for the associate manuspor job is $40,000 and it is being used as the trame of reference for determining the rates for the temaining jobs on the list (Hint Calculate the dollar value per job evaluation point to start The typical pay rate for the following jobs (Round your answers to the nearest hundredths place) () Managertient trainee - $ 15000 (b) Assistant manager $ 25000 Senior manager 650 points Let's assume that the average market pay rate for the associate manager job is $40,000 and it is being used as the frame of roforence for determining the rates for the remaining jobs on the list (Hint Calculate the dollar value per job evaluation point to start) The typical pay rate for the following jobs (Round your answers to the nearest hundredths place (a) Management trainees 15000 (b) Assistant manager $ 20000 Manager $47500 (d) Senior manager 5 05000 The pay rates for the remaining jobs if the Associato manager job pay rate was rosed by $10,000 (Round your answers to the northundredths place a Management traine 52 (b) Assistant manager c) Manager = 5 (d) Senior managers