This represents the relationship between a company’s valuation of jobs based on job evaluation and the valuation of jobs within the external market as assessed by compensation surveys.

In this person-focused pay model, employees are rewarded for increasing their skills within a single job family, even if the skills do NOT build on each other.

Among the various performance appraisal techniques, this appraisal system is the most defensible in court because it is based on actual observable job performance behaviors.

In one or two short paragraphs, compare person-focused pay systems with job-based pay systems. Can the two systems ever coexist?

(MA) When doing a strategic analysis, which of the following represent EXTERNAL factors in which we are interested?

Briefly describe the five steps to constructing a pay structure. You do not need to provide detailed examples of each step, but you do need to identify the step and in a sentence or two describe what that step entails.  Note: I reversed steps 2 and 3 from the textbooks version. For maximum credit you should identify the steps in the order I presented them. 

Judy is the compensation analyst for a mid-size engineering firm that specializes in designing, building, and repairing road crossings for railroads. Her boss has indicated that it has been hard to find talented individuals to fill positions and keep up with demand. What type of pay policy should Judy implement to help resolve the situation?

Which of the following are the four “universal compensable factors”?

XYZ Company ranks its employees from the best performer to the poorest performer, and the employee with the best performance receives the highest ranking. What type of performance appraisal system is used by this company?

(MA) Which of the following are key elements of a successful merit pay system?