Question: Question 56 (5 points) You are working as a compensation analyst. You are given the following information: . The market pay regression line (after aging)

Question 56 (5 points) You are working as a compensation analyst. You are given the following information: . The market pay regression line (after aging) is: y=900 + 5x. Your company's pay policy is to lead the market by 20%. A Job Evaluation Point System was used to evaluate jobs. The system uses a Job Evaluation range of 1000 points Number of pay grades is 4 Range spread above and below midpoint for all job grades is 20% Calculate the ray range maximum for job, scade 4 You must include your calculations to receive full marks for this question Pro

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