Overview: The importance of compensation varies depending on the viewpoint, as stated by Barry Gerhart and Jerry Newman in Compensation. Society views compensation as a measure of justice; managers may view compensation as a major expense or a motivator; employees view compensation as an entitlement or as an incentive. Regardless of the viewpoint, fairness and equity are essential. Compensation must also be up-to-date, competitive in the market, and easy to understand.
Aligned pay structures support the way the work gets done, fit the organization’s business strategy, and are fair to employees. Organizations typically task an in- house human resource (HR) professional or hire an HR consultant to create and maintain the company’s pay structure.
Prompt: In Milestone One, you will address the internal consistency component of a pay structure using the specially designed case scenario. Read the Final Project Case Study (linked to in your course) for detailed information on the requirements for this project.
Specifically, you must address the critical elements listed below. Internal Consistency:
Guidelines for Submission: Your final project will be a Word document, approximately 5–9 pages in length (plus a cover page and references) and must be
written in APA format. Your Word document may include Word tables, Word lists, Excel screenshots, and rationale in written paragraphs. Use double spacing, 12- point Times New Roman font, and one-inch margins.
Critical Elements Proficient (100%) Needs Improvement (70%) Not Evident (0%) Value
Internal Consistency: Job Descriptions
Provides complete job descriptions tailored to the company
Provides job descriptions that are incomplete or are not tailored to the company
Does not provide job descriptions required
25
1
Critical Elements Proficient (100%) Needs Improvement (70%) Not Evident (0%) Value
Internal Consistency: Job Evaluation
Provides complete job evaluations for all identified job descriptions and explains rationale for assigning specific weights and degrees to the jobs
Provides incomplete job evaluations for all or some of the identified job descriptions or does not explain rationale for assigning specific weights and degrees to the jobs
Does not provide complete job evaluations for identified job descriptions and does not provide rationale for specific weights and degrees to jobs
35
Internal Consistency: Job Families
Provides logical job families for all job roles and explains rationale for why jobs were assigned to the job families
Provides illogical job families for some of the job roles or does not explain rationale for why jobs were assigned to the job families
Does not provide job families and does not provide rationale
20
Articulation of Response
Submission has no major errors related to grammar, spelling, syntax, organization, or citations
Submission has major errors related to grammar, spelling, syntax, organization, or citations that negatively impact readability and articulation of main ideas
Submission has critical errors related to grammar, spelling, syntax, organization, or citations that prevent understanding of ideas
20
Total 100%
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