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First, write the value(s) that make the denominator(s) zero. Then solve the equation.
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Job-Based Pay
A compensation strategy where employee pay is determined by the specific job roles and responsibilities rather than the individual's performance or skill level.
Capabilities
The qualities, skills, and capacities that enable individuals or organizations to effectively perform or achieve tasks and objectives.
Geographic-Based Pay
A compensation strategy that adjusts an employee's pay based on the cost of living and market wage rates in the geographic location where they work.
Market Pricing
The process of determining the external value of jobs within an organization by comparing the organization's jobs to similar jobs in the external labor market.
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