which phase in compensation management involves understanding the elements of the job and the skills needed…

which phase in compensation management involves understanding the elements of the job and the skills needed to conduct the job?\n\na. establishing the compensation philosophy\n\nb. matching employees to pay\n\nc. reviewing the job analysis\n\nd. determining compensable factors\n\ne. pricing jobs

which phase in compensation management involves understanding the elements of the job and the skills needed to conduct the job?\n\na. establishing the compensation philosophy\n\nb. matching employees to pay\n\nc. reviewing the job analysis\n\nd. determining compensable factors\n\ne. pricing jobs

Answer

Brief Explanations:

Compensable factors are elements of a job and skills required to perform it. They are used to determine the worth of a job for compensation - setting purposes. Establishing compensation philosophy is about overall principles, matching employees to pay is about individual - level pay decisions, job analysis review is a broader assessment, and job pricing is about setting pay levels.

Answer:

d. Determining compensable factors