Question: Marked - Based Pay Plan Given below are the first five steps of the market - based pay plan: Assign weights to the compensable factors.

Marked-Based Pay Plan
Given below are the first five steps of the market-based pay plan:
Assign weights to the compensable factors.
Define each factors degree.
Convert percentages to points for each factor.
Select the compensable factors.
Choose the benchmark jobs.
Which of the following is the correct sequence of the first five steps of the market-based pay plan?

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