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By examining the organization’s “external competitiveness” (Dreher and Dougherty, 2001, p.80) and then comparing internal job roles to the market, Riordan will be able to better evaluate the need for possible adjustments. This will also allow Riordan to reach a fair compliance level as it relates to their internal pay system by conducting benchmarking studies and administering pay surveys to obtain “comparative market data” (Dreher and Dougherty, 2001, p.80).
There have also been several complaints towards the fact that pay and compensation are not necessarily linked to performance but more to seniority...
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