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

Recommended Readings and resources for Week 3 include:

1. Read the following journal articles for further insight into this week’s topics:

a. Earle, J. (2010). The emerging role of Clawback policies for managing risk in compensation programs. Benefits Law Journal, 23(1), 72-79. (Document ID: 1972387151)..

2. You will find a list of websites that you may find useful under Course Materials in your online classroom.

Week 3 Deliverables:
Discussion Forums
Participate in the following Discussion Forums:

1. 1st Posting Due by Day 3. Building Blocks. Discuss the basic building blocks of developing a market competitive pay system, including the relationship between internal and external equity.

DQ2

2. 1st Posting Due by Day 3. 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. I am familiar with Management such as HR or General Manager or Office Manager use one of those or something similar

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