It is referred to as the written summary of all the duties and responsibilities of a particular job position.

NEO stands for?

It is the highest paying jobs for fresh graduates.

It is a component of compensation which helps in determining entry pay and incremental increases during performance evaluation or promotion

It can be in the form of a salary or wage.

This is a major dilemma among managers is to consider employee contribution to performance as a factor of pay.

This wage theory was developed by Francis Walker which depicts that wages are claims made after deducting rent, interest, and profits from the total product.

It is the term used to indicate the quantity of labor supply

POEA stands for?

It is the basic pay given to the employee for the actual work rendered usually in the form of salary or wage.

LWOP stands for?

It is the pay linked to actual accomplishment in performance such as bonuses or incentives based on a target sales quota or target productivity. Incentives can be provided for all employees regardless of rank.

Defined as the process of determining all the information specific to a particular job.