What does the wage curve represent in a scattergram?

The wage curve in a scattergram illustrates the correlation between job worth and wages. This relationship is often depicted graphically, where job worth is plotted on one axis and the corresponding wages on the other. The wage curve helps employers and HR professionals understand how compensation varies with the value assigned to different jobs within the organization or industry.

A strong wage curve indicates that higher job worth typically corresponds to higher wages, which can guide organizations in establishing equitable pay structures. This is crucial for ensuring that positions are competitively compensated based on their responsibilities and contributions to organizational goals. Other options, although they touch on related concepts, do not accurately describe the fundamental purpose of the wage curve as it relates specifically to job worth and wages.