Using external resources to gauge compensation levels may result in more equitable compensation planning. From the discussion preparation, assess how you would integrate the data on the PayScale website or similar sites into your compensation planning.
Specifically, indicate three measures to ensure that your compensation scale is competitive.
Watch this video:
Based on your review, please respond to the following:
Specifically focus on the elements of performance tools (there are 6 noted). Select any 3 of the elements as being the absolute elements that must be part of your performance tools if you are in charge of developing the performance management strategy. Be sure to explain why you selected your choices.
Note: Your response to the discussion must be informative, be supported with research, and follow the requirements set by this course.