Compensation Structure

traffic Design Research and Compensation Structure gate: By business enterprise summary, we mean a formal and detail see of gambols. It is related to a scientific and methodical pluck of a contrast in order to acquire either the pertinent facts regarding a particular melodic line (Gupta, 2007). business organisation digest is a process of collecting and analyzing data related to a line of merchandise. It is indispensable to understand the terminology before studying job analysis in detail. ? descent: It is a group of persuasion involving the aforementioned(prenominal) duties, responsibilities, knowledge and skill. Each job has definite tittles and is different from opposer jobs. For exemplification: store manager, cashier, Salesman and typist (Gupta, 2007). ? Position: it implies a collection of tasks and duties on a regular basis assigned to one person. several(prenominal) people whitethorn be sub-divided under the same job but each may perform different sue. For example: one mail clerk may sort by the incoming mails, another may prepare the outgoing mails and so on (Gupta, 2007). ? Occupation: An chore implies a group of jobs which is homogeneous as to the type of work and which contains common characteristics. For example: strain is an occupation consisting of several types of jobs desire production and sales (Gupta, 2007).

? Job classification: It means mathematical group of jobs into certain categories on some specified basis e.g. disposition of work performed or the level of pay. ? Job Evaluation: It implies find the wo rth of a job to an organization by comparabi! lity it with other deep down the organization and with the job market international (Gupta, 2007). Components of Job analytic thinking: Job analysis is an organized office to analyze the requirements for the job role and job profile. Job analysis could be that categorized into following sub components (Job Analysis, 2007): 1. Job Position: Job position refers to the designation of a job and employee in the organization. Job position forms an important part of the remuneration strategy as it determines the...If you want to get a right essay, order it on our website: BestEssayCheap.com

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