Ashford BUS681 Week 3 Discussion (dq1+dq2) Latest 2020 September

BUS681 Compensation and Benefits

Week 3 Discussion

DQ1 Building Blocks

Discuss the basic building blocks of developing a market competitive pay system, including the relationship between internal and external equity. Respond to at least two of your fellow students’ postings.

DQ2 Job Analysis

Provide a brief overview of the job evaluation process, including the importance of compensable factors.  Detail the compensable factors of a position you are familiar with and their impact on that position’s salary, and you may want to reference the job analysis and job description process, which form the foundation of job evaluation. Identify at least four pitfalls that exist for organizations that do not follow this process.  Respond to at least two of your fellow students’ postings.