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Compensable Factors Are Employees Job Characteristics That
They must be observable. For example following could be the compensable factors for preparing a job description-1. Factors Determining The Amount Of Compensation Compensation Human Resource Management Factors Compensable factors can be thought of as the job-related contributions of employees. . The Equal Pay Act of 1963 has defined 4 most basic compensable factors. They refer to the factors that are important for setting the two-tier wage system. These 10 elements describe the specific job requirements in terms of compensable factors You can use these factors to gauge whether the job description properly captures the job and you can use these factors to help gauge the level of compensation that is appropriate as well as the exemptnonexempt status of the position. Compensable factors are the characteristics of jobs that an organization values and chooses to pay for. The company is willing to pay for. These characteristics m...
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