Depth Knowledge about an Organization and Market Factors
What do you mean by Depth Knowledge about an Organization and Market Factors?
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Apart from job evaluation, the various other factors that determine the administrative aspects for wage and salary administration are the size and structure of the organization and the industry in which it operates, the strength of employees union, position of a person and his importance to the organization, demand and supply for particular skill sets in the industry, organizational ability and capacity to pay and its economic condition like profitability, and legislative aspects related with wage determination. Sound system for compensation management demands detail knowledge about all these factors in order to its sound framework and operation in the organization.
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Please find the attached instructions for this assignment. 1-Use Harvard referencing of not less than 15 2-3000 words count 3-Go through the sample to see the format in line with the attachment as a guide not to copy please. 4-Use Automobile or Samsung/Blackberry mobile telephones as evidence of
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