I began my career in Compensation in the early 1990s using a combination of market pricing and job evaluation to establish pay structures. Market pricing is the 'external' method, collecting salary data, usually through a salary survey, for similar jobs from other organizations to establish the 'market rate' or 'price' for the job. Job evaluation is the 'internal' method, focusing on internal job worth, each job is rated or scored on several different factors and the total score equates to the job's salary grade in the pay structure.
(WageWatch) Read the complete article
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Top Stories: Lodging & Gaming
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Healthcare Security In 2015: 9 Hotspots
Healthcare organizations must tighten security or risk getting breached, penalized, and potentially ostracized by a public fed up with seeming carelessness with their personal information. Unfortunately, the task of securing protected health information (PHI) is only becoming more challenging for even the best-prepared organizations.
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