What makes some ways of determining compensation more or less fair than others? Why?

Instructions:

1. Provide 150-300 word count as a response to the homework.

2. Provide (2) journal peer-reviewed articles references within the last 5 years.

3. Address all the questions within your response.

 

 

You are the Human Resources director for a new fast-food restaurant, expanding into new markets in the United States. The job analysis is complete for all positions in the restaurant and now it is time to conduct a job evaluation in the new market. What might be some challenges in determining appropriate compensation for the jobs? What makes some ways of determining compensation more or less fair than others? Why?

 

Consider differences between market study and internal equity study. Consider a point factor approach to establishing a salary for a position.