Designing a Pay Structure: Writing a report on management of the company who have not taken a compensation course.

Designing a Pay Structure

Writing a report on management of the company who have not taken acompensation course.

  • Integrate the course content and provide complete explanation of the concepts you are presenting.

In the report the following:

  1. Examine job descriptions that have created using the O*NET website
  2. Use the point method to conduct a job evaluation.
  3. Analyze pay survey data for benchmark jobs.
  4. Create a market pay line in Excel.
  5. Create a pay policy line based on a stated pay‐level strategy.
  6. Create pay grades
  7. Establish pay ranges.
  8. Analyze and explain your work through out the requirements