Part $2$ will include $5$ tasks:

$1.$ Conduct a $$point$-$factor method$$ job evaluation using a sub$-$list of jobs from the list that you were given in Part $1.$

$2.$ Conduct a market analysis by identifying benchmark jobs and generating a $$market line$$ to evaluate the quality of your job evaluation results.

$3.$ Generate a $$pay policy line$$ that incorporates any strategic policies that relate to $$how much$$ or pay level decisions.

$4.$ Generate a pay structure that incorporates the results of parts $(1),(2)$ and $(3),$ and slot your jobs into this pay structure.

$5.$ Separate from your job evaluation system, you will need to define your Pay$-$for Knowledge structure. You will use the pricing skill blocks information found in Chapter $4$ to assist you as well as the market data included in the simulation. You will choose market comparators to match top and entry level pay for your respective positions which you will use to price your skill grid.