Which of the following is the first important decision involved in determining pay levels and designing pay structures?
A)constructing an internal pay policy line that reflects external pay policy
B)specifying the employer's external pay policy
C)designing the survey
D)defining the purpose of the compensation survey
E)choosing relevant market competitors to survey

Question

Quizplus · Accepted Answer

Specifying the employer's external pay policy is the first important decision involved in determining pay levels and designing pay structures. This decision sets the foundation for the rest of the compensation process and ensures that the organization's pay practices are aligned with its overall business strategy.

Which of the Following Is the First Important Decision Involved