Explain the factors used in job pricing


PPT Assignment

Determining the value of work is critical to setting pay rates. After the job analysis and writing the job description, the human resources compensation specialist determines the process to apply to perform the job evaluation and compensation.

Develop a presentation that addresses the following for setting a final pay range for a position:

a) Explain the factors used in job pricing.

b) What are compensable factors, and how are they applied in determining pay ranges?

c) Discuss the point and job content methods, and give an example of how each is applied in determining compensation.

d) What would you recommend an organization use to define compensation for a customer service representative?

Format your assignment according to the give formatting requirements:

a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.

b. The response also includes a cover page containing the title of the assignment, the course title, the student's name, and the date. The cover page is not included in the required page length.

c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

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HR Management: Explain the factors used in job pricing
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