Purpose:
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Objective:
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Description:
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Inputs:
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Outputs:
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Controls:
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Task Instructions:
Within each unit, an individual(s) is assigned responsibility and authority for ensuring that Compensation activities are performed.
Adequate resources are provided for Compensation activities.
- Experienced individuals, who have expertise in compensation methods and procedures, are made available for guiding compensation activities.
- Resources for supporting Compensation activities are made available.
- The available funding for the various components of compensation is determined.
- Funding for Compensation activities is made available.
Individuals performing Compensation activities receive the preparation needed to perform their responsibilities.
- Individuals performing Compensation activities are made aware of those components of the organization’s compensation strategy that they need to understand to fulfill their responsibilities.
- Individuals performing Compensation activities receive preparation to perform the Compensation practices needed to perform their responsibilities.
- Individuals communicating information regarding the compensation strategy or an individual’s compensation package are prepared to communicate this information appropriately.