M$)$ An individual in a Compensation & Performance Management class is asked to answer the following $2$ questions regarding the case and readings read so far from Chapters $1-10$ from the Textbook: Compensation by Barry Gerhar $14$th edition.

$-$Please answer the following $2$ questions thoroughly and provide examples to justify the individual$$s way of thinking.

$**$P$.$S$.$ The individual is a medical administrator a small private practice.

$1.$ Job Analysis

a$)$ Explain the importance of job analysis, the uses of job analysis, and the relationship of job

analysis to internal alignment.

b$)$ Discuss the key difference$($s$)$ between job$-$based, skill$-$based and competency$-$based pay structures.

c$)$ Discuss the difference$($s$)$ between the quantitative and

conventional methods to collect job analysis information.

d$)$ Describe the key criteria to judge job analysis.

$2.$The Great Resignation$$

i$)$ In recent years we have seen that workers are more willing to change jobs more freely. Discuss the factors that have led to the significant rise in employee turnover.

ii$)$ Describe how this relates to compensation.

iii$)$ How are companies reacting?

iv$)$ Is high turnover something that is going to last for a long time, forever?

v$)$ How have generational changes impacted loyalty to an employer?