Developing & Maintaining A Sound Compensation Program

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1 Developing & Maintaining A Sound Base Pay Program By Ronald C. Phillips and Jeffrey M. Robinson Synopsis Introduction Base Pay Program Objectives Establish Fairness Insure Competitive Pay Directs Work Activity Controls Payroll Costs Compliance With Laws & Regulations Is Efficient Components Of A Wage structure Job Families & Pay Grades Minimum Wage Midpoint Maximum Wage How T

2 Demotions Maintaining The New Wage Structure Maintenance Tips Holding The Base Pay Program Accountable Variable Pay Tables Table 1 Sample Pay Structure

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