MATCH AN ITEM TO A CHOICE

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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MATCH AN ITEM TO A CHOICE

4.
The monetary range of a position at a particular level within each department must be
identified.
Permanent and temporary positions should be determined.
All job descriptions must be documented.
The program data must be presented to the executive operating committee.
5.
6.
7.
8. Benchmark jobs must be established.
9. Flaws or problems in the program must be checked and modified.
10. The company should determine whether to set the compensation at, above, or below
market.
A
в
D
Develop a Program
Outline
Designating
compensation program
design supervisor
Conduct job analysis
Establish grade pricing
Obtain top executives'
and salary range
approval
Evaluate jobs
Determine an
Communicate the final
appropriate salary
program
structure
Develop a salary
administration policy
Create a compensation
Determine grades
Monitor the program
philosophy
Transcribed Image Text:4. The monetary range of a position at a particular level within each department must be identified. Permanent and temporary positions should be determined. All job descriptions must be documented. The program data must be presented to the executive operating committee. 5. 6. 7. 8. Benchmark jobs must be established. 9. Flaws or problems in the program must be checked and modified. 10. The company should determine whether to set the compensation at, above, or below market. A в D Develop a Program Outline Designating compensation program design supervisor Conduct job analysis Establish grade pricing Obtain top executives' and salary range approval Evaluate jobs Determine an Communicate the final appropriate salary program structure Develop a salary administration policy Create a compensation Determine grades Monitor the program philosophy
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