Prerequisites
These tasks are prerequisites to setting up and using market pay matrices:
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Create job codes for jobs in your company.
See Classifying Jobs.
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Assign job codes to workers during the hiring process.
See PeopleSoft Human Resources Administer Workforce: Understanding Job Data.
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Conduct salary surveys and analyze salary data.
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Set up the integration with Workforce Rewards if you plan to import salary data from that application using the COMP_MKT_RATE_SYNC Integration Broker message and service operation.