Question: Can you help me develop a compensation plan/package for HR managers with regards to the three main branches and its steps given below? Branch: Internal

Can you help me develop a compensation plan/package for HR managers with regards to the three main branches and its steps given below?

Branch: Internal Alignment

Step 1: Job Analysis

Outcome: Job Documentation

Step 2: Job Evaluation

Outcome: Development of internal structure or hierarchical ranking of jobs?

Step 3: Pay Policy

Branch: External Competitiveness

Step 5: Market Analysis

Step 6: Base Pay Structure

Branch: Compensation Management

Step 6: Pay for Performance

Step 7: Communicate the Plan

  • Employee understand their compensation and have distinction with organization mission, culture, and their compensation

PLEASE HELP ME WITH THIS. THANK YOU SO MUCH!

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