I have a board discussion that requires 2 responses 100 – 150 words per response. Please see the topic below, thanks again! Discuss the five steps used to develop a pay structure and compare the two

I have a board discussion that requires 2 responses 100 – 150 words per response. Please see the topic below, thanks again! 

Discuss the five steps used to develop a pay structure and compare the two types of pay structure variations.