Identify and describe the steps necessary for implementing a compensation system.

Actual implementation of the new compensation system involves the following steps: Step 1: Establish the implementation task forces.Unless there is designated responsibility for the implementation,articulated expected outcomes,and accountability for results,the implementation will be at risk. Step 2: Put the infrastructure into place.Make sure all the necessary resources are in place and prepared to run the system. Step 3: Test the system.Prior to implementation,the system needs to be test-run to determine any final bugs to be sorted out and corrected. Step 4: Conduct the training.At this point,all those outside the HR department who will play a role in the new compensation system need to be trained. Step 5: Communicate information on the system.Activate the communications plan developed while preparing for implementation. Step 6: Launch and adjust the system.The system can now be launched.However,ongoing scrutiny and adjustments will be needed to ensure success.