What is defined as a hot job when looking at job and salary grades? why should these roles be offered additional comp dollars or create/moved into a new job class? what are some possible issues with this approach? what are other factors (COLA?)
a) A hot job refers to a position with low demand in the labor market.
b) Hot jobs should not be offered additional compensation.
c) Hot jobs may face issues with employee retention if compensation is not competitive.
d) Cost of Living Adjustment (COLA) is not relevant to determining compensation for hot jobs.