Total Rewards: Internally Consistent Job Structures- Outline

psychology 71
September 16, 2020
"Succession Plan and Regulations" 
September 16, 2020

Total Rewards: Internally Consistent Job Structures- Outline

Section 1 introduces you to the specification of internally consistent job structures. Through writing job descriptions, the development of job structures, and

both the development and implementation of a point evaluation method to quantify job differences objectively, you build the framework for internal equity.

In Section 1, you will focus on building an internally consistent compensation system. An internally consistent compensation system design will clearly define the relative value of each e-sonic sample job, creating a job hierarchy and an objective rationale for pay differences.

As an e-sonic consultant, you are offered a sample of e-sonic jobs in Section 1. Currently, e-sonic employs 100 people and will be hiring many more. However, for the purpose of this simulation, you are asked to work with the sample of four jobs offered (see Appendix 2 for sample jobs, located in the MyManagementLab project tab). Limiting the number of jobs removes one level of complexity from the simulation and allows you to focus on learning the functions of compensation system design. The framework you develop classifying sample jobs can easily be adapted in the future to include all e-sonic positions.

Rubric attached with more directions.

 

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