Market pricing-job evaluation-pay for knowledge

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Reference no: EM132242326 , Length: 1500 words

How will you determine base pay (i.e., market pricing, job evaluation, pay for knowledge etc.) and why did you choose this method? Will you use the same method for all jobs or different methods for different jobs? Why or why not?

Explain the steps you would go through to implement your chosen method. For example:

If you choose job evaluation, explain which method would you use, the compensable factors you would measure, any factor weighting you would apply, and the process you would follow from job analysis through to the rating process.

Reference no: EM132242326

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