Individual Project Compensation Plan Implementation IP 10/18

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Compensation Plan Implementation

Wed, 10/18/17

Numeric

100

0

6–8 slides with speaker notes of 200–250 words per slide (excluding title and reference slides)

Determining the value of work is critical to setting pay rates. After the job analysis and writing the job description, the human resources compensation specialist determines the process to apply to perform the job evaluation and compensation.

Develop a presentation that addresses the following for setting a final pay range for a position:

  • Explain the factors used in job pricing.
  • What are compensable factors, and how are they applied in determining pay ranges?
  • Discuss the point and job content methods, and give an example of how each is applied in determining compensation.
  • What would you recommend an organization use to define compensation for a customer service representative?

Please submit your assignment.

For assistance with your assignment, please use your text, Web resources, and all course materials.

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