Final answer:
Designing job evaluation criteria and ensuring stakeholders have access to up-to-date job evaluation manuals are parts of documenting the compensation system within human resources.
Step-by-step explanation:
A human resource professional would consider designing job evaluation criteria that are valid and reliable as part of documenting the compensation system. This process ensures that the job roles are assessed correctly and that the compensation is fair and equitable. Another critical aspect includes ensuring stakeholders have up-to-date job evaluation manuals, which serve as guides for implementing the compensation strategy consistently across the organization.
While deciding on the compensation strategy and choosing whether to use an external service provider are important steps in the overall compensation system, these activities are more about strategic planning and execution rather than documentation processes.
Professionalizing human resources also plays a role in eliminating bias in the hiring process, as research suggests that structured human resource systems in larger organizations can lead to a more unbiased approach compared to smaller ones. Documenting compensation effectively can also help in providing a transparent system that reduces the likelihood of discriminatory practices in compensation.