Question: 1. What are some strategic considerations in establishing a pay structure at Nutriment? 2. Should Jack suggest a pay policy to lead, lag or match
1. What are some strategic considerations in establishing a pay structure at Nutriment?
2. Should Jack suggest a pay policy to lead, lag or match the market? Explain your recommendation.
3. Explain the role of compensation surveys. Why is it important to update survey data?
4. Explain market pay line. How is it used in the context of pay level policies such as market lead, market lag, and market match?
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1 In considering a pay structure that is competitive in the market place Nutriment should consider their industry competitors and other external marke... View full answer
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