Compensation professionals integrate the internal job structure with the external market pay rates identified through compensation surveys, and this integration reveals which of the following?
A) pay rates that reflect both the company's and the external market's valuations of jobs
B) changes in wages and salaries over time
C) changes in employee benefits over time
D) changes in labor costs between geographic locations
Question 2
Which of the following entails an examination of a company's external market context and internal factors?
A) compensation survey
B) strategic analysis
C) regression analysis
D) compensation plan