1. Describe the building blocks of market-competitive pay systems. 2. Describe the costs and benefits of discretionary benefits. 3. What did you learn from chapters 6-10 that was most meaningful to you? Explain. Please answer fully. Define each word Job characteristics theory. job evaluation; job analysis; job evaluation plans; market-competitive compensation systems; labor and compensation costs; labor markets; labor market surveys; benchmark jobs; below-minimum pay range rates; compa-ratios; pay-structures in flatter organizations; market-lag; commission-only plan; legally-required benefits; task identity; task significance.
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