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Why should an organization conduct a pay equity analysis

Assignment Help HR Management
Reference no: EM132874052

Using short answer for each question

1. What is fair pay? Discuss the factors that organizations need to consider in establishing fair pay levels and in determining the mix between base salary and incentive compensation.

2. Why should an organization conduct a pay equity analysis?

3. What are the advantages and disadvantages of job evaluation vs. market pricing?

4. What are the most common base pay structures and why?

5. What are the most important factors influencing base pay increases and an employee's position in their salary range?

6. Why do incentive compensation plans succeed or fail?

7. What's required to develop a successful compensation strategy?

8. When should stock options vs. restricted stock be used as the primary executive compensation long-term incentive vehicle?

Reference no: EM132874052

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