Under the topic of Job Evaluation:

1. Identify which type of job evaluation system is most applicable in:

a. A multi-business company of greater than 1500 employees of various business skills; and

b. A start-up business that aims to develop viable business model with 20 staff. Give reasons for your answers and discuss the pros and cons of your proposed approach.

2. As a compensation specialist, what are the three main steps to set up a pay structure for a medium to large sized organization? Explain in details. Discuss the difficulties of implementing in each step.