In developing a wage curve, what are market wage rates plotted against?

A) job evaluation points
B) employee benefits
C) the size of a firm
D) employee wages and salaries

Wage Curve

A curve in a scattergram representing the relationship between the relative worth of jobs and wage rates.

Market Wage Rates

The prevailing pay rates for specific jobs within a labor market, shaped by factors like supply, demand, and industry standards.

Job Evaluation Points

A quantifiable measure used in job evaluation processes to rate the relative value of different jobs within an organization, based on specific criteria.