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.
21,132,555 questions answered
Popular Conversations
The amount of space that a gas takes up is ...
5/29/2015 7:55:05 AM| 2 Answers
Find the product. (n + 8)(n - 2) User: Divide x4 + 7 by x - 3. ...
Weegy: 2(3y - 7) - 5y(2 - y) = 6y - 14 - 10y + 5y^2 = 5y^2 - 4y - 14 User: Choose the product. -7p3(4p2 + 3p - 1) ...
5/29/2015 11:17:59 AM| 2 Answers
animist User: Which of the following is not usually an important ...
Weegy: The following is not usually an important factor in the site and growth of cities: prevailing wind direction. ...
5/29/2015 4:23:41 PM| 2 Answers
simplify the following expression (x^4)^3 User: simplify 8(4x + 6)
Weegy: 8(4x + 6) = 32x + 48 User: Select the different (4x^2-5x^3)-(2x^2-9x^3)
5/29/2015 8:06:48 PM| 2 Answers
Weegy Stuff
S
Points 820 [Total 828]| Ratings 2| Comments 800| Invitations 0|Offline
S
L
Points 749 [Total 1279]| Ratings 2| Comments 729| Invitations 0|Offline
S
1
L
Points 623 [Total 1015]| Ratings 3| Comments 593| Invitations 0|Offline
S
L
P
Points 477 [Total 2954]| Ratings 1| Comments 467| Invitations 0|Offline
S
P
C
L
P
L
1
P
P
1
P
1
Points 248 [Total 8994]| Ratings 0| Comments 248| Invitations 0|Offline
S
Points 231 [Total 251]| Ratings 0| Comments 231| Invitations 0|Offline
S
1
L
L
Points 84 [Total 8267]| Ratings 0| Comments 84| Invitations 0|Offline
S
L
1
R
Points 80 [Total 1367]| Ratings 0| Comments 80| Invitations 0|Offline
S
L
Points 56 [Total 3810]| Ratings 2| Comments 36| Invitations 0|Offline
S
Points 14 [Total 14]| Ratings 0| Comments 14| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.