Final answer:
Conducting job evaluations is not a key aspect of implementing a compensation system; rather, it's important for the initial development of the system. Key aspects include infrastructure setup, system testing, and staff training.
Step-by-step explanation:
One aspect that is not a key in implementing a compensation system is conducting job evaluations. This process is significant for developing a compensation system initially, but it may not necessarily be a part of directly implementing the system itself. On the other hand, putting infrastructure in place, testing the system, and conducting training are all crucial activities for the successful implementation of a compensation system.
It is important to ensure that after hiring employees, organizations continue to train and develop them to maximize the investment made during the hiring process. Moreover, according to a 2003 study by Arthur, Bennett, Edens, and Bell, training can be effective when proper evaluation and follow-up methods are employed, which can directly influence the productivity and profits of an organization.