Find outing the correct balance is most critical

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Reference no: EM1391302

Q. In 300 words, please response to the subsequent paragraph:

Building Consistent Job structure

As Martocchio tells us, "it is important which companies set pay rates by using market pay rates as reference points". Market pay rates should not be the only gauge used to set compensation rates. Critical detailed and valid information must be gathered as a median to remain competitive. As the United States continues to recover from this economic downturn, it is vital which companies remain competitive in compensation, benefits and other important areas of the hiring and job process.

Setting salary structures too high or too low can be to the detriment of an organization. Find outing the correct balance is most critical.

Reference no: EM1391302

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