Job Pricing

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Definition: Job Pricing

Job pricing can be defined as the process to determine the pay/salary values depending on the job that the employees are performing in the organization.

Job pricing takes into account the job description and the relative industry and regional values and analyze the data to decide on to an appropriate pay/salary value.

Example : A manager'salary across industry would be at a certain level in different organizations. But it may vary in different countries or regions within the same country.

 

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