Implementing an effective #compensation plan: #Evaluate #jobs and #benchmark key #positions. Some #organizations #rank the jobs in order of importance; some others use weighted points (#education, #experience, #supervision, etc). #Benchmark positions by comparing them with outside local, #industry related, market rates. This #benchmarking will guarantee external #competitiveness. #business #smallbusiness #compensationstrategies #compensationplans #humanresources #humanleaphrdotcom
Posted on: Thu, 21 Aug 2014 11:10:00 +0000