Question

Senior management at LennoCorp wants a better understanding of the relationship between the values of the jobs at the firm, as determined by their job evaluations, and the actual pay rate for each of those positions. The HR team can provide this information graphically by using a___________.

Answer 1

wage curve

Step-by-step explanation:

Based on the scenario being described it can be said that the HR team can provide this information graphically by using the wage curve. This is a graphical curve that illustrates the negative relationship between the levels of unemployment that exist within an economy and the wages that arise. These two terms can be adjusted for this specific situation.