The process of achieving internal equity involves six steps. Enumerate and explain this process

What will be an ideal response?

Answer: Summary of suggested answer -
• Steps - 1. job analysis, 2. job description, 3. job specifications, 4. rate worth, 5. establish job hierarchy, and 6. classify jobs by grade level.
• Contribution - 1. identifies compensated duties and responsibilities, 2. records job duties, responsibilities, working conditions, and requirements, 3. identifies prerequisites for successful job completion, 4. uses point factors to weigh jobs, 5. places job in rank order against other jobs based on point factors, 6. places jobs in grades and assigns value and therefore compensation.