II Establishing Pay Rates Step 1.The Salary Survey Step 2.Job Evaluation Step 3.Group Similar Jobs into Pay Grades Step 4.Price Each Pay Grade-Wage Curves Step 5.Fine-Tune Pay Rates 8-12© 2004 by UIBE Liu yuxin 8-12 11-12 II Establishing Pay Rates II Establishing Pay Rates Step 1. The Salary Survey Step 1. The Salary Survey Step 2. Job Evaluation Step 2. Job Evaluation Step 3. Group Similar Jobs into Pay Grades Step 3. Group Similar Jobs into Pay Grades Step 4. Price Each Pay Grade Step 4. Price Each Pay Grade—Wage Curves Wage Curves Step 5. Fine Step 5. Fine-Tune Pay Rates Tune Pay Rates