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Pay policy line - PowerPoint PPT Presentation

Designing Pay Levels, Mix, and Pay Structures

Chapter. 8. Designing Pay Levels, Mix, and Pay Structures. Learning Objectives After discussing Chapter 8, students should be able to:. Identify the major decisions in establishing externally competitive pay. Describe the purpose(s) of a salary survey.

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Designing Pay Levels, Mix, and Pay Structures

Chapter. 8. Designing Pay Levels, Mix, and Pay Structures. Exhibit 8.1: Determining Externally Competitive Pay Levels and Structures. External competitiveness: Pay relationships among organizations. Merge internal & external pressures. Competitive pay levels, mix, and structures.

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460 views • 27 slides

Designing pay levels, mix and pay structures

Designing pay levels, mix and pay structures. Chapter 9. Contents. Purpose of a survey Select relevant market competitors Design the survey Interpret survey results and construct a market line Pay-policy line Grades and ranges Broad banding Balancing internal and external pressures.

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192 views • 15 slides

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Pay policy line - PowerPoint PPT Presentation

Designing Pay Levels, Mix, and Pay Structures

Designing Pay Levels, Mix, and Pay Structures

Designing pay levels, mix and pay structures