Question and answer
the process for establishing pay rates for different positions within an human resource organization.
I. Job Analysis The first step in determining a base pay program is to understand the jobs and their requirements. This process requires writing job descriptions which require supervisory input. [ Job descriptions are written statements that describe reporting relationships, duties, responsibilities, and qualifications for positions. Job descriptions have many purposes and are used in
recruitment, staffing, training, performance management, and compensation decisions. II. Job Evaluation After defining jobs, the second step is determining the worth of the positions. There are two major schools of thought regarding job evaluation: market-driven and job worth. In a market-driven compensation system, the “market-rate” for the position is the primary determinate of pay. The ‘market-rate’ is the best estimate of the wage rate that is prevailing in the external labor market for a given job or occupation. The quality of external comparisons is critical. Not all positions exist in all organizations; in these cases, determining job worth is difficult and slotting may be required. Since pay levels can jump substantially in a particular year due to labor shortages, most organizations prefer to wait out these changes rather than immediately increasing pay. Market-driven systems should be monitored closely to track changes in pay. Read more; ]
Expert answered|chanson1|Points 210|
Question
Asked 7/26/2013 10:23:15 AM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
21,938,720 questions answered
Popular Conversations
An adjective clause may modify a(n) ...
Weegy: A pronoun is a word that takes the place of a noun.
8/28/2015 7:47:06 AM| 3 Answers
The US assisted on the side of the resistance movement in the Afghan ...
Weegy: C. reduce Soviet presence in the region. User: Who did the United States support in the Soviet-Afghan ...
8/28/2015 8:32:26 AM| 2 Answers
_________ were non-European places in the world that European ...
Weegy: A. ecological imperials User: Social Darwinism was used to justify all of the following ...
8/28/2015 12:19:11 PM| 2 Answers
Read the following sentence. Decide if the verb is used as ...
Weegy: Terry is running up the hill. Up the hill is used as adverb. User: Identify the type of subordinate ...
8/28/2015 12:19:01 PM| 2 Answers
Weegy Stuff
S
P
C
L
P
L
1
P
P
1
P
1
P
L
P
R
Points 1189 [Total 11542]| Ratings 7| Comments 1119| Invitations 0|Offline
S
L
Points 767 [Total 1082]| Ratings 1| Comments 757| Invitations 0|Offline
S
1
L
L
Points 712 [Total 9180]| Ratings 3| Comments 672| Invitations 1|Offline
S
L
L
P
1
Points 703 [Total 9276]| Ratings 2| Comments 683| Invitations 0|Offline
S
Points 486 [Total 712]| Ratings 1| Comments 476| Invitations 0|Offline
S
Points 242 [Total 250]| Ratings 0| Comments 242| Invitations 0|Offline
S
Points 224 [Total 224]| Ratings 3| Comments 194| Invitations 0|Offline
S
Points 214 [Total 533]| Ratings 1| Comments 204| Invitations 0|Offline
S
Points 172 [Total 249]| Ratings 0| Comments 172| Invitations 0|Offline
S
Points 138 [Total 169]| Ratings 0| Comments 138| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.