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WorldatWork GR2 Exam Syllabus Topics:

SectionObjectives
Pay Structure Design and Analysis- Salary ranges
  • 1. Grade structures
    • 2. Range spread and midpoint
      - Internal equity analysis
      • 1. Job evaluation alignment
        • 2. Pay equity comparisons
          Statistical Methods in Compensation Analysis- Regression analysis
          • 1. Trend line interpretation
            • 2. Simple linear regression
              - Correlation concepts
              • 1. Relationship between variables
                • 2. Strength of correlation
                  Fundamentals of Quantitative Analysis in Compensation- Descriptive statistics
                  • 1. Mean, median, mode
                    • 2. Variance and standard deviation
                      - Data interpretation
                      • 1. Outliers and data quality
                        • 2. Distribution concepts
                          Market Pricing and Salary Surveys- Survey data usage
                          • 1. Benchmarking compensation data
                            • 2. Survey validity and reliability
                              - Market positioning
                              • 1. Percentiles (P25, P50, P75)
                                • 2. Compa-ratio analysis

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