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Key building block in HR Management!
A 6 point – factor approach governed by customized
factor scale and weight scheme is used to determine the relative size
of each job and value in comparison to other jobs within the organization.
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| Salary
Survey |
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Compensation is a tool used by management for a variety of purposes to further the existence of the company. Compensation has its critical impact on employee income, standard of living, attitude and performance on the job. Employer competitive advantage to attract and retain required talent can
be increased by pay equity in benchmark with market. |
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