Question

Did you find value in review of how organizations can use internal equity, as well as...

Did you find value in review of how organizations can use internal equity, as well as external market in Incentive pay programs such as surveys to best decide how to assign salary ranges to key positions within their organizations?

Homework Answers

Answer #1

Yes reviews on how to use the internal equity and external market will give good results to decide on the salary ranges. Reviews such as feedbacks give a picture on how th eorgansiation's salary structure is and how much can it be further improved. This helps th emanagement in accessing the scope for salary improvements especially for key positions as we cannot loose the employes of such positions and we need to maintain the salary ranges and keep them updated time to time.

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