(Answered) When developing compensation plans for an organization it

Management Studies

When developing compensation plans for an organization it is necessary to conduct job analysis to determine what specific requirements any given position might have. Figuring out which positions yield more responsibilities than others helps in determining pay structures. This chapter details the process of job analysis and its importance in building compensation plans. What are the five main activities in conducting effective job analysis? Is there a benefit in using systems already developed to complete job analysis? Or should organizations develop their own systems?

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Business Management, Management Studies

Category:- Business Management
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