Designing a Pay Structure
Designing a Pay Structure
Bianca Humphrey
Indiana Wesleyan University
Course
Instructor
11/07/2014
I have read and understand the plagiarism policy as outlined in the syllabus and the sections in the Student Bulletin relating to the IWU Honesty/Cheating Policy. By affixing this statement to the title page of my paper, I certify that I have not cheated or plagiarized in the process of completing this assignment. If it is found that cheating and/or plagiarism did take place in the writing of this paper, I understand the possible consequences of the act/s, which could include expulsion from Indiana Wesleyan University.
Introduction
Write a paragraph for the introduction.
There are several ways to design a pay structure. Each organization has to determine what approach is best for them based on business strategy, culture and work content. In this template I will design a pay structure that will fit the needs of my business. It is important when designing a pay structure to make sure the benchmark jobs are identified throughout the internal structure as much as possible, not just at low or high levels of the organization. If this is not done the pay structure may be biased toward the lower or higher job levels. This design below is created to help eliminate bias.
Task A1: Job Description – Benefits Manager
Write a paragraph to speak on the job description and to locate it in Appendix A.
Task A2: Identified Compensable Factors and Defined Degrees
SKILL
RESPONSIBILITY
EFFORT
Education Level
Scope of Control
Degree of Problem Solving
1) High School/GED
1) zero
1) zero
2) Associates
1) minimum
1) minimum
2) Bachelors
1) average
2) average
1) Masters/Graduate
1) expert 4) expert
Degree of Technical Skills
Impact of Job
Task Complexity
1) zero
1) zero
1) zero
2) minimum
3) minimum
1) minimum
1) average
1) average
2) average
1) expert
1) expert 4) expert
Task B: Rationale for Assigning Degrees and
Bianca Humphrey
Indiana Wesleyan University
Course
Instructor
11/07/2014
I have read and understand the plagiarism policy as outlined in the syllabus and the sections in the Student Bulletin relating to the IWU Honesty/Cheating Policy. By affixing this statement to the title page of my paper, I certify that I have not cheated or plagiarized in the process of completing this assignment. If it is found that cheating and/or plagiarism did take place in the writing of this paper, I understand the possible consequences of the act/s, which could include expulsion from Indiana Wesleyan University.
Introduction
Write a paragraph for the introduction.
There are several ways to design a pay structure. Each organization has to determine what approach is best for them based on business strategy, culture and work content. In this template I will design a pay structure that will fit the needs of my business. It is important when designing a pay structure to make sure the benchmark jobs are identified throughout the internal structure as much as possible, not just at low or high levels of the organization. If this is not done the pay structure may be biased toward the lower or higher job levels. This design below is created to help eliminate bias.
Task A1: Job Description – Benefits Manager
Write a paragraph to speak on the job description and to locate it in Appendix A.
Task A2: Identified Compensable Factors and Defined Degrees
SKILL
RESPONSIBILITY
EFFORT
Education Level
Scope of Control
Degree of Problem Solving
1) High School/GED
1) zero
1) zero
2) Associates
1) minimum
1) minimum
2) Bachelors
1) average
2) average
1) Masters/Graduate
1) expert 4) expert
Degree of Technical Skills
Impact of Job
Task Complexity
1) zero
1) zero
1) zero
2) minimum
3) minimum
1) minimum
1) average
1) average
2) average
1) expert
1) expert 4) expert
Task B: Rationale for Assigning Degrees and