1. What is job evaluation? Explain the differences between the major job evaluation systems, noting the advantages and disadvantages.

2. Describe the basic steps in conducting a wage and salary survey. What are some factors to consider?

3. One of the objections to granting wage increases on a percentage basis is that the lowest paid employees get the smallest increase, while the highest paid employees get the largest increase. Is this objection a valid one? Why?

4. What is a compensation score-card? How does it help align a companys strategy with its compensation system?

5. What are some advantages and disadvantages of a pay-for-performance policy?