What is compensation differential

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1. What is compensation differential? List the considerations involved in higher wages.

2. What elements need to be considered when defining the Relevant Labor Market?

3. List the sources of compensation data available.

4. What are the steps in conducting a compensation survey?

5. Explain the approach known as key job matching.

6. Explain some characteristics of Questionnaires and Telephone interviews.

7. Why are internet surveys very much used? Explain.

8. Explain interquartile range and Compa-ratio.

9. What is aging the data? Explain.

10. List three Limitations of Compensation Surveys.

Reference no: EM132976098

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