Designing A Pay Structure Case Study and Integrated Application Exercises
Contents (47 pages)
Introduction to Compensation and Designing a Pay Structure
Job Analysis
Job Evaluation
Pay Policy Identification
Pay Survey Analysis
Pay Structure Creation
Case Scenario
Task A: Create a Job Description for the Benefits Manager Position
Job Families and Benchmark Jobs
Point Method for Job Evaluation
Task B: Calculate Job Evaluation Points
Pay Level Strategy and Benefits Policy
Pay Survey Analysis
Task C: Identify Outliers and Calculate Weighted Means
Pay Survey Data: Front Desk Receptionist
Pay Survey Data: Administrative Assistant
Pay Survey Data: Operations Analyst
Pay Survey Data: Payroll Assistant
Pay Survey Data: Benefits Manager
Creating the Market Pay Line
Task D: Conduct Regression and Create Market Pay Line
Task E: Review R-Squared
Task F: Calculate Predicted Base Pay
Task G: Adjust Pay Rates for 3% Lead Pay Strategy
Task H: Create Pay Grades20Task I: Determine Pay Ranges
Task J: Evaluate Business and HR Implications
References
Appendix A: Job Descriptions for Benchmark Jobs
Possible Solution for Each Case Exercise
Student Version of the Case
