Once job specifications and descriptions are created,the next step in developing a compensation system is:
A) conducting a job analysis.
B) creating a job hierarchy.
C) rating the worth of jobs.
D) assigning individual pay.

Question

Quizplus · Accepted Answer

After creating job specifications and descriptions, the next step in developing a compensation system is to rate the worth of jobs. This involves evaluating each job's complexity, skills required, responsibilities, and other factors that affect its value to the organization. Only after the worth of each job is determined can an appropriate pay structure be developed. Conducting a job analysis and creating a job hierarchy may be part of this process, but they are not the next step. Assigning individual pay comes later, after the overall pay structure is established.

Once Job Specifications and Descriptions Are Created,the Next Step in Developing