When creating a pay structure for new departments at Fresh Munchables' online business, what should be done first?

The correct approach to establishing a pay structure for new departments within Fresh Munchables' online business involves first identifying what new jobs will be created and managed. This foundational step is critical because it sets the stage for everything that follows.

Understanding the specific roles that will exist within these new departments allows for the assessment of job functions, responsibilities, and the skills needed for each position. This clarity not only shapes the overall staffing strategy but also influences subsequent decisions about job valuation and compensation.

Once the roles are defined, the organization can effectively evaluate the market demand for these positions, consider internal equity, and establish appropriate salary ranges. Performing this step early ensures that the pay structure aligns with the company's goals and the market, ultimately facilitating effective talent acquisition and retention strategies.