- Task: Contact a Human Resources Department Professional of your choice for any available materials regarding the Compensation Management System: i.e. hiring practices, current position(s), policy, procedures, etc. used.
- All writing is to be completed in APA Format. Summaries should include 3 to 5 references. You may select from Reference List provided.
- Proof Read and Spell Check your work. Spelling and Grammar are critical in all personal and professional documents. First Impressions really do matter!
- Follow up: You are to develop a position provided by the HR Department Professional, or one approved by your instructor by completing thesenine steps. There are questions at the end of each step. Answer each question in one or two sentences in a word document.
- Job Analysis
- Job Description
- Job Evaluation
- A Point-Factor Method of Job Evaluation
- Surveying Market Pay and Compensation Practices
- Designing A Base Pay Structure
- Team-Based Pay
- Measuring and Paying for Performance)
- Conclusion
Part B Overview
- Task: Design a Compensation System.
- Follow up: Complete these six steps to develop your compensation system. The regression analysis can be done in Excel, or some other appropriate software (SPSS, etc.).
- Get a sample of jobs in a job family
- Analyze those jobs for their relevant KSABs
- Score those jobs appropriately.
- Regress the scores against salary data.
- Write an analysis of your results.
- Conclusion
- Resources to assist you: Data can be found from O-Net. Example: Job Description, salary data, or students referred as a source for job family information.
- All writing is to be completed in APA Format. Summaries should include 3 to 5 references. You may select from Reference List provided.
- Proof Read and Spell Check your work. Spelling and Grammar are critical in all personal and professional documents. First Impressions really do matter!
week 6 research project
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