Examlex
Which of the following is a characteristic of the formalization stage of the organizational life cycle?
Job-Comparison Chart
A visual tool used to compare different jobs based on specific criteria, such as responsibilities and required skills.
Compensable Job Factor
Elements of a job that are considered when determining pay, such as skill level, effort, responsibility, and working conditions.
Internal Equity
In compensation refers to comparisons made by employees to other employees within the same organization.
Classification System
The classification system for job evaluation attempts to group sets of jobs together into clusters, which are often called grades.
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