The first step in developing a compensation package is to conduct a job evaluation. Match the following job evaluation system with its correct definition. - Job Ranking - Paired Comparison B. Job Classification - Point-Factor - Hay Profile A. Job titles are listed and ranked in order of importance to the organization. B. Every job is classified and grouped based on the knowledge and skills required for the job, years of experience, and amount of authority for that job. C. Statements are created and given a point value based on three factors - know-how, problem solving, and accountability. D. Once the compensable factors - such as leadership ability, knowledge, autonomy, interpersonal skills to specific responsibilities and skills required for the job - are determined, each is given a weight compared to the importance of this skill or ability to the organization. E. Individual jobs are compared with every other job, based on a ranking system, and an overall score is given for each job, determining the highest-valued job to the lowest-valued job