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DESIGNING A PAY STRUCTURE CASE STUDY SOLUTION

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Calculate the predicted base pay for each benchmark job. Creating downloadable prezi, be patient. All jobs must now be sorted out hierarchically according to their point value. I was not expecting the pay structure to be in the shape that it is in. Such criteria must be carefully selected, as they will be applied to all the positions designinh are included in the evaluation process.

Designing a Pay Structure Case Study Worksheet – CourseBB

Use the Benefits and Compensation Manager job description and remove any references to compensation. Every time some jobs turn out to be clearly over- or undervalued as compared to the benchmark, some corrective action has to be taken. Management Development, Management by Objectives and Training programs.

Also, the following graph shows the distribution of the organization’s salaries vs. The aim of this chart is to make sure that salaries increase approximately in proportion to solutiob job’s point value. Assures product quality by designing electrical testing methods; testing finished products and system capabilities. Obviously, two types of objections may arise at this stage: Does this pay structure make good business sense?

Personal Development Personal development consists in acquiring new personal skills that designing a pay structure case study solution contribute to both the manager’s well-being and efficiency in the workplace. Each position will be included into a pay band sample pay structure according to the interval in which its point value lies.

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Delete comment or cancel. Employee Integration Process Strucfure the end of the recruitment process, when all interviews have been conducted and the selection decision has been made, an employment contract is issued.

The rest of the case study tasks can be completed by a team of no more than 2 students or you may work alone. Do you really want to delete this prezi? Stricture access to the whole range of MPC tools on your online account. Calculate the job evaluation points for the administrative assistant, payroll assistant, operational analyst, and benefits manager jobs benchmark jobs.

How to Perform a Job Evaluation – Sample Pay Structure – Case Study

Thus, a flat pay structure with few pay bands may reflect a rather flexible and dezigning organization, while a hierarchical pay structure with many overlapping pay bands would rather be characteristic of a pyramidal organization, in which career advancement is mainly obtained through access to promotions.

In order to better understand this, let’s first consider a logistics company ; it will certainly grant more importance — and hence attribute more points — to the criteria that belong to the “Processes” axis in our job designing a pay structure case study solution model illustration.

Objections regarding the hierarchy of job values between different departments: PRAXIS The point method is based on one or several questionnaires that contain an evaluation scale for each of the considered compensation designing a pay structure case study solution. About us HR4free’s vision is to make HR management, management and business coaching tools and techniques freely available to everyone.

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Designing a Pay Structure Case Study Worksheet

Given the pay structure you have generated, consider the following: Create pay grades by combining any benchmark jobs that are substantially comparable for pay purposes. Business Coaching Tools The main aim of a business coaching process is to accompany a person or a team towards wtudy completion of their professional projects. Houston, we have designing a pay structure case study solution problem! It thus fits well into a “flat” structureas it allows highlighting the job holder’s level of skills and responsibilities, independent of the corresponding hierarchical level.

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