Question: Explain the difference between pay level and job structure with an example. How does product location impact labor-related factors? Why is it useful for organizations

  • Explain the difference between pay level and job structure with an example.
  • How does product location impact labor-related factors?
  • Why is it useful for organizations to think in terms of designing a mix of programs rather than choosing one overall compensation program? Give examples.
  • What aspects make benefits different from direct compensation?
  • What factors should be considered when thinking about cost control strategies?

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