Explain the salarystrueture and architecture and also explain what is the meaning of: grade, range spread, midpoint%, minimum, midpoint, and maximum.

Answer the following questions:
1. Explain the process including the steps and the end result associated with the job evaluation process referred to as the point method. Be sure to include in your response the definition of compensable factors and degrees.

2. Explain the salarystrueture and architecture and also explain what is the meaning of: grade, range spread, midpoint%, minimum, midpoint, and maximum.

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