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COMPENSATING EMPLOYEES
SEMESTER RECAP ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Compensation Defined ,[object Object],[object Object],[object Object],[object Object],[object Object]
TODAY’S TOPIC ,[object Object]
EQUITY THEORY ,[object Object],[object Object],[object Object],[object Object]
RESPONSES TO EQUITY/INEQUITY ,[object Object]
RESPONSES TO EQUITY/INEQUITY ,[object Object],[object Object],[object Object],[object Object],[object Object]
Traditional Approach to Compensation ,[object Object],[object Object],[object Object],[object Object],[object Object]
The Traditional Approach to Compensation Job Analysis Job Documentation Prepare to Job Rating Survey Conduct Create Job Survey Worth Hierarchy Analyze  Market Data Reconcile   Internal and External Considerations Develop Pay Structure
Three Job Rating Methods ,[object Object],[object Object],[object Object],[object Object]
Three Job Rating Methods ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Job Classification for Restaurant $8.25-$9.00 ,[object Object],[object Object],[object Object],[object Object],[object Object],1 $10.00-$12.00 ,[object Object],[object Object],[object Object],[object Object],[object Object],3 $14.00-$19.00 ,[object Object],[object Object],[object Object],[object Object],5 Pay Description Grade
Job Classification for Restaurant ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],1 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],3 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],5 # Positions Jobs Grade
Three Job Rating Methods ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Three Job Rating Methods ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Point Factor Method ,[object Object]
Major Factors of the Hay Plan ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Point Factor Method ,[object Object],[object Object],[object Object],[object Object],[object Object]
Degree Statements for the Factor  “Physical Requirements” ” ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Traditional Approach to Compensation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Traditional Approach to Compensation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Market Pricing ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Traditional Approach to Compensation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Develop Pay Structure ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Emerging Approaches to Compensation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Skill-based Pay ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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  • 9. The Traditional Approach to Compensation Job Analysis Job Documentation Prepare to Job Rating Survey Conduct Create Job Survey Worth Hierarchy Analyze Market Data Reconcile Internal and External Considerations Develop Pay Structure
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  11. 11
  12. 12
  13. 11
  14. 13
  15. 14
  16. 15
  17. 16
  18. 17
  19. 18
  20. 19