Question: You have been given the responsibility to develop an effective compensation system for your company. Which of the following should serve as your first focus?

You have been given the responsibility to develop an effective compensation system for your company. Which of the following should serve as your first focus?
A.understanding your organization and your people
B. formulating and determining budgets
C.designing your performance pay and indirect pay plans
D evaluating all jobs using a job evaluation system.

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