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Explain the Purposes, Types, and Uses of Special Journals

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Essay

Explain the purposes, types, and uses of special journals.


Definitions:

Pay Survey Data

Information collected from various businesses on salary and benefits, used to benchmark and determine competitive salary ranges and compensation plans.

Job Descriptions

Detailed documents outlining the tasks, responsibilities, skills, outcomes, and work environment of a specific job position.

Green-Circled

Indicates employees who are paid above the maximum of the pay range for their position due to their skills, performance, or experience.

Red-Circled

A term used to describe employees who are paid above the maximum salary range for their position due to various reasons, such as skills or experience.

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