Pay-for-knowledge for more specialized roles

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Reference no: EM133783884

Question

The foundation of base pay should be linked to a mixture of job evaluation, market pricing, and pay-for-knowledge for more specialized roles. HP lack structures and performing job evaluations would lead to a clearer roles and responsibilities of employees as well as effective compensation regarding other positions in the organization. This comparison would allow HP to compensate its employees fairly for the position they hold while discrepancies causing dissatisfaction amongst employees are addressed.

Reference no: EM133783884

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