WorldatWork C17 Dumps Questions Answers

Offering higher compensation than competitors

Providing only monetary compensation

Determine the right mix of reward components that meet the goals of attracting the right talent while staying within the budget

Offering only non-monetary rewards

May be difficult to obtain data, may not be aligned with internal equity, not defensible on job content basis, may be overly time consuming

Simple to administer and update for currency, responsive to the market, not overly time consuming compared to other methods, high degree of transparency

Does not consider market rates, limited in accuracy, subjective, not useful for large organizations

May not accurately reflect job value, subjective, may not be useful for small organizations

Information about each job in an organization?

Information necessary to complete the job evaluation process.

Principles that guide the design, implementation and administration of a compensation program.

Statement of what the organization believes about how people should be rewarded.