1. Describe the formal pay structure within the organization.
2. Describe any benchmarking activities the organization undertakes, including information on whether the organization offers a competitive compensation structure or incentives.
3. Describe any profit sharing or stock ownership programs that are available.
4. Explain which benefits offered by the organization are legally mandated and which are voluntary.
5. Analyze the cost of the benefits to the organization.

6. Explain how benefits are communicated to employees.
7. Describe any problems associated with the compensation policies of the organization.
8. Analyze any current issues related to compensation and benefits faced by the organization.

Answer rating: 100% (QA)

Answer 1 Formal Pay structures also called salary structures are organized levels or grades of emplo... View the full answer