Correct!!
Compensation Grades - ANSWERDefines the compensation range or salary band, for a given job or
job level. Provides Guidance for salary or hourly rates.
Compensation Profiles - ANSWERThese allow for variations of grade, usually based on location or
currency.
Staffing Model: Position Management - ANSWERProvides Greatest control over hiring.
Must be an approved and available position prior to an EE starting.
More narrowly defined positions. Pay scale/Job Skill/ Experience level can be different for each
Compensation Package - ANSWERThe delivery mechanism for how all the compensation components
are delivered to an employee.
Defaulting - ANSWERAssigning eligibility rules to grades and plans and bundling the grades and plans
to Package allows for this.
Compensation Elements - ANSWERThese are assigned to individual plans and used to connect with
earning in payroll.
Eligibility Rules - ANSWERUsed to automate the assignment of compensation components for an
employee at time of a staffing event.
Staffing Model: Job Management - ANSWERAllows flexibility and speed when hiring
No required number of jobs to be filled
Position no longer exists when the worker leaves
Does not maintain ongoing position history