Criteria In Creating Pay Grade Managerial Labour Markets
Question Description
When an organization creates pay grades for jobs, it must take into consideration the need for internal consistency between each job as well as the need external competitiveness of each job. What criteria has your organization used to create pay grades and what are they based on as it relates to internal consistency or market competitiveness? Cite at least two external references in your initial response. This does not include your textbook.
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