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The Process of Identifying the Job Descriptions and the Job

question 76

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The process of identifying the job descriptions and the job specifications for all of the jobs within an organization is known as a job


Definitions:

External Equity

Perceived fairness in pay relative to what other employers are paying for the same type of work.

Compensation Process

The set of policies and mechanisms for determining employee pay, benefits, and other forms of remuneration.

Pay Level

A classification denoting the amount of compensation or salary assigned to a job, based on factors like complexity, responsibility, and market rates.

Pay Levels

The ranges of compensation provided to employees, often determined by experience, education, and role responsibilities within an organization.

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