The first step in setting competitive pay and designing a pay structure is _____.
A) specify pay-level policy
B) conduct job evaluation
C) draw policy lines
D) specify relevant market

Question

Quizplus · Accepted Answer

Conducting job evaluation is the first step in setting competitive pay and designing a pay structure. Job evaluation is the process of determining the relative worth of different jobs within an organization. This information is then used to set pay rates and design a pay structure that is fair and equitable.

The First Step in Setting Competitive Pay and Designing a Pay