BUSINESS C12V BUSINESSC12V BUSINESS/C12V Assignment 4

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BUSINESS C12V BUSINESSC12V BUSINESS/C12V Assignment 4

Compensation and Benefits

Table of Contents

Answer to part A:……………………………………………………………………………………………………………..2

Answer to part B:……………………………………………………………………………………………………………..2

Answer to part C:……………………………………………………………………………………………………………..3

Answer to part D:……………………………………………………………………………………………………………..4

References:……………………………………………………………………………………………………………………..6

Answer to part A:

There are generally 5 steps which are involved into the job analysis process and they are Job analysis program, any organization must ensure whether they will use already developed system or develop their own system tailored to specific requirements.

There are different types ofmethod to collect data. Select and train, task force or representative inside the organization alongwith some of the human resource members. Here the analysts’ needs to understand what rolethey have to play and what are their responsibilities.

They have to collect all job-relatedinformation with the help of some tools. Orientation, Analysts’ job is to assess the processthrough which the employees will be performing this job.

Hence, here the analysis needs tocollect some relevant information from internal as well as from external sources as it is n of thebest method of understanding the influencing factors and job criteria. Conducting study, methodof collecting data and the source of data (McGraw, 2015).

Their job analysis must also ensurethat it meets the criteria of validity and reliability. It is important that the job analysis providesconsistent and true result whenever it is operated so that those accurate data can be implemented.

Summary, here the analyst will provide a summary of job description which will include job’purpose, qualification, duties, role and responsibility. An effective job description will be verymuch informative, and it will be short as well because employees must get the actual point notjust read essay.

Answer to part B:

Professionals must work and analyze which system is better for creating completion inmarket regarding the compensation in pay system and some for the market-competitive paysystems are stated Strategic analysis, this method includes the analysis of external as well as

BUSINESS C12V BUSINESSC12V BUSINESS/C12V Assignment 4

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BUSINESS C12V BUSINESSC12V BUSINESS/C12V Assignment 4

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