Explain the concepts of job structure, pay level, and pay structure.

Understand equal pay for equal work and comparablework policy. Explain the conditions

under which organizations may or may not discriminate people in terms of pay.

Understand Fair Labor Standards Act FLSA for minimum age including training wage,

overtime pay, and child labor.

Understand the impacts of product markets and labor markets on pay.

Understand these concepts: pay rates, pay grade, pay ranges, and pay differentials.

Understand broad bands delayering and explain how it is different from job based pay.