WorldatWork Base Pay Administration and Pay for Performance GR4 Question # 7 Topic 1 Discussion

WorldatWork Base Pay Administration and Pay for Performance GR4 Question # 7 Topic 1 Discussion

GR4 Exam Topic 1 Question 7 Discussion:
Question #: 7
Topic #: 1

How can you value internal and external equity when designing a pay structure?


A.

By considering the organization's internal hierarchy and job worth


B.

By benchmarking pay rates against external market data and industry standards


C.

By conducting regular salary surveys and analyzing compensation trends


D.

By aligning pay with individual performance and contributions


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