Establishing Pay Rates Involves Three Stages, Which Are

question 70

Multiple Choice

Establishing pay rates involves three stages, which are

• A)job evaluation, conducting salary surveys, and combining job evaluation and salary survey results.
• B)consulting with industry, determining salaries for executive positions, and deciding on a benefits plan.
• C)pricing of benchmark jobs, collecting data on insurance benefits, and evaluating benefits packages.
• D)collecting data on insurance benefits, creating a salary survey, and hiring external consultants.
• E)collecting data used to price every job in the organization, working with a compensation consultant, and working with a benefits specialist.