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Contents of R2

R2

• Explains variation in market pay rates via job structure
• Ranges from 0.0 to 1.0
• 0.0 = 0% variation in pay rates due
• to job structure
• 0.0-.30 = small variation
• .31-.70 = average variation
• .71-.99 = large variation
• 1.0 = 100% variation

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