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What are the three basic approaches to pay structure design?

What are the three basic approaches to pay structure design?

A.

Job-based, market-based, and broadbanding

B.

Point factor, ranking, and classification

C.

Pay grades, pay ranges, and pay compression

D.

Salary surveys, market pricing, and pay differentials

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  • Product: GR4
  • Update on: Sep 18, 2025
  • Questions: 251
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