The objectives of this assignment are: A. To familiarize you with how data obtained when using the point system approach to job evaluation can be used to develop a wage structure (also known as a wage or salary grid) B. To give you practice developing a wage structure C. To make compensation decisions based on an analysis of a wage structure There are two parts to this exercise: First, you are a newly hired HR Manager and have just completed a job evaluation process using the point method. Your next step is to construct a wage structure for administrative positions. The wage structure is organized by pay grade and wage steps are calculated based on employees' years of service. The employees move up their pay grade by a combination of seniority and performance-based raises. In the 'Raw Data for Calculations' tab of this Excel workbook, you will find information for constructing the wage structure. (There are three tables in the worksheet - the first two tables are needed to construct your wage structure.)
The objectives of this assignment are: A. To familiarize you with how data obtained when using the point system approach to job evaluation can be used to develop a wage structure (also known as a wage or salary grid) B. To give you practice developing a wage structure C. To make compensation decisions based on an analysis of a wage structure There are two parts to this exercise: First, you are a newly hired HR Manager and have just completed a job evaluation process using the point method. Your next step is to construct a wage structure for administrative positions. The wage structure is organized by pay grade and wage steps are calculated based on employees' years of service. The employees move up their pay grade by a combination of seniority and performance-based raises. In the 'Raw Data for Calculations' tab of this Excel workbook, you will find information for constructing the wage structure. (There are three tables in the worksheet - the first two tables are needed to construct your wage structure.)
Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter12: Managing Human Talent
Section: Chapter Questions
Problem 4EE
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