Marvin, after completing his analysis of the Engineering Technician job, partners with his Compensation colleagues to assess the relative dollar value of the job. This work is essential to ensuring and sustaining a fair pay structure. It is also essential to ensuring Engineering Technicians are fairly and appropriately compensated. The process Marvin and his Compensation colleagues will use to do this work is best described as

Cost evaluation

Specification analysis

Competency analysis

Pay differential evaluation

Job evaluation