As a Human Resource Manager for Bank of America in Phoenix, Arizona shortly. The organization (B.O.A) has asked you to evaluate whether the current pay structure makes sense given what competing organizations are paying. 

How would you identify the organizations with which to compare your organization?

1. Why might your organization's pay structure differ from those of competing organizations?
2. Are the potential consequences of having a pay structure that is out of line relative to those of your competitors?

Answer rating: 100% (QA)

To identify organizations for comparison I would consider the following steps 1 Industry Research Look at other major financial institutions in Phoeni... View the full answer