This Task will contain the creation of a easy wage and wage program. You’ll full this Task using Excel. You’ll discover the grading rubric for this Task following the case research.
Case Examine:
This group has over 10 completely different positions; because of the lack of getting an HR skilled who understands compensation points, it’s with none wage construction for the staff.
The job titles are:
Operator
Mechanic
Electrician
Supervisor
Administrative Assistant
Gross sales Skilled
Gross sales Supervisor
HRM Supervisor
Operations Supervisor
President
Your process is to establish the rating order of those jobs within the enterprise primarily based on least to most worth to the group.
That is completed by the next:
1. You will want to do a little analysis at wage.com and benchmark these positions utilizing regional knowledge or nationwide knowledge and rank the salaries of the staff.
2. You need to use an goal level system to assign factors utilizing compensable elements for the roles as effectively.
three. Subsequent, you’ll tally the factors for every place and assign these jobs to particular pay grades.
Now you’ve got created an instance of how a compensation skilled creates pay grades for inner consistency and exterior competitiveness.
Right here is the Task grading rubric.
Task submission: Earlier than you submit your Task, you must save your work in your pc in a location that you’ll bear in mind in Excel format. Save the doc utilizing the naming conference: Username_Unit3_Assignment.xlxs. Submit your file by choosing the Unit three: Task Dropbox.