Discuss building blocks of developing a market competitive


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Part I: Building Blocks

Discuss the basic building blocks of developing a market competitive pay system, including the relationship between internal and external equity.

Part II: Job Analysis

Provide a brief overview of the job evaluation process, including the importance of compensable factors. Detail the compensable factors of a position you are familiar with and their impact on that position's salary, and you may want to reference the job analysis and job description process, which form the foundation of job evaluation. Identify at least four pitfalls that exist for organizations that do not follow this process.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Marketing Management: Discuss building blocks of developing a market competitive
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