Explaining role of compensation surveys, HR Management

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Explaining role of compensation surveys

Assignment:

Q1. Explain the role of compensation surveys, why is it important to update survey data?

Q2. Briefly discuss dessigning job-based pay system (i.e merit pay, sales incentive pay) and person-focused programs. What considerations arise when making a transition from using a job-based pay system to using pay-for-knowledge?

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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