Please answer by True Or False:

1-A company must decide between using an established system or developing its own system tailored to specific requirements.

2-A company's compensation mix must be as enticing as that offered by competitors if the company wants to recruit high-quality sales.

3-Before analysts start specific job analysis techniques, they must analyze the context in which employees perform their work.

4-Benchmark jobs are used as reference points for setting pay levels.

5-Compa-ratios are calculated bydividing an employee's pay rate by the pay range midpoint.

6-Compensable content and job content are considered job evaluation techniques.

7-Compensation surveys are typically focused on internal wage and salary practices

8-Equality theory suggests that an employee must regard his own ratio of merit increase pay to performance as similar to the ratio for other comparably performing people in the company

9-For the purpose of applying pay policies, pay range refers to the groupings of jobs based on compensable factors.

10-In the job analysis process, occupation is a group of positions that are identical with respect to their major tasks.

11-Maximum pay rate should be established first when establishing pay grades.

12-Multiple-tiered commission allows an employee to earn a higher rate of commission for all sales made in a given period.

13-Pay range describes the relationship between a company's valuation of jobs based on job evaluation and the valuation of jobs within the external market.

14-Private sector companies are most likely to utilize two-tier wage systems

15-Relevant labor markets are reference points against which jobs within the company are judged.

16-Salary-plus-draw offers the sales person a salary and further compensation if they meet a specific, exceptional sales goal.

17-Skill structure describes a set of skills necessary to perform a specific job or a group of similar jobs.

18-Supervisors are generally able to provide the most extensive and detailed information about how job duties are performed.

19-Task is the smallest unit in the job analysis process.

20-The lag time between when the data was collected and used causes compensation survey data to become obsolete fairly quickly.