发展中的薪酬结构(1)

:-internalrelativitiesofjobvalue(x-axis,establishedthroughjobevaluation)externalmarketpayratesofjobs(y-axis,establishedthroughmarketsurveys)CDBA$JobGrades(JobEvaluationPoints)3Whichapproachwillbeusedtodevelopthejobworthhierarchy?LaborMarketDataCollectionandAnalysisJobContentEvaluationJobDescriptionsJobAnalysisWillwrittendescriptionsbeused?ReconciliationofInternalandExternalConsiderationsSalaryStructureJobWorthHierarchyOVERVIEWOFSALARYSTRUCTUREDEVELOPMENT4IMPORTANCEOFSALARYSTRUCTURESEnsurerewardpoliciesareequitably,fairly&consistentlyimplemented&administeredAllowinternalrelativitiestobemanagedProvidesaframeworkthroughwhichpayopportunitiescanbecommunicatedtoemployees5ISSUESINDEVELOPINGSALARYSTRUCTURESBusinessStrategyExtentofCompetitionIndustryPracticeCapacitytoPayRewardPhilosophy&Strategy6DESIGNCONSIDERATIONSNumberofsalarystructuresPaypolicylineNumberofsalarygradesMidpoint-to-midpointdifferentialsSalaryrangespreadsSalaryrangeoverlap7NumberofsalarystructuresPayPolicyLineNumberofsalarygradesMidpoint-to-midpointdifferentialsSalaryrangespreadsSalaryrangeoverlapISONEENOUGH?OrganizationhierarchyDiversityofbusinessunits‘Hotjobs’EaseofadministrationRewardphilosophy8NumberofsalarystructuresPayPolicyLineNumberofsalarygradesMidpoint-to-midpointdifferentialsSalaryrangespreadsSalaryrangeoverlapDETERMININGTHEPAYPOLICYLINECompanySalaryvsMarketMedian01,0002,0003,0004,0005,0006,0000123456789101112JobGradesMonthlyBasicSalary(S$)markettrendlinecompanytrendlineMarketdata(median)Companydata(minimum,median,maximum)9Definition:IsagroupofjobssimilarinjobworthorsizeLinkstheevaluationpointsorvalueofajob&itsassignedpayWHATISASALARYGRADE?CDBA$JobGrades(JobEvaluationPoints)NumberofsalarystructuresPayPolicyLineNumberofsalarygradesMidpoint-to-midpointdifferentialsSalaryrangespreadsSalaryrangeoverlap10TOOMANY•recognizeextremelyfinedistinctionsofjobsABCDEFGHTOOFEW•cannotrecognizesignificantdifferenceinjobworthNUMBEROFSALARYGRADESNumberofsalarystructuresPayPolicyLineNumberofsalarygradesMidpoint-to-midpointdifferentialsSalaryrangespreadsSalaryrangeoverlapABCDEFGHConsiderations:NumberofdistinctjobgradesorskilllevelsOrganizationhierarchyEaseofadministration11FormulaforMidpointtoMidpointDifferentialMidpointtoMidpoint=Midpointb-MidpointaX100%DifferentialMidpointaExample:-1750-1250X100%=40%1250100~199200~299300~399$adcbMidpointMidpointMidpoint400~499JobGrades(JobEvaluationPoints)$1000$1250MidpointtoMidpointDifferentialMidpointMIDPOINT-to-MIDPOINTDIFFERENTIALSNumberofsalarystructuresPayPolicyLineNumberofsalarygradesMidpoint-to-midpointdifferentialsSalaryrangespreadsSalaryrangeoverlap$175012FormulaforSalaryRangeSpreadSalaryRange=Maximum-MinimumX100%SpreadMinimumExample:-1500-1000X100%=50%1000$SALARYRANGESPREADS100~199200~299300~399$400~499JobGrades(JobEvaluationPoints)$1000$1500$1250SalaryRangeSpreadMaximumMidpointMinimumNumberofsalarystructuresPayPolicyLineNumberofsalarygradesMidpoint-to-midpointdifferentialsSalaryrangespreadsSalaryrangeoverlap13GradeMinimumMidpointMaximumRangeSpread110001250150050%212501625200031600216027204210029403780SALARYRANGESPREADSNumberofsalarystructuresPayPolicyLineNumberofsalarygradesMidpoint-to-midpointdifferentialsSalaryrangespreadsSalaryrangeoverlapExercise14GradeMinimumMidpointMaximumRangeSpread1100050%2150055%3200060%SALARYRANGESPREADSNumberofsalarystructuresPayPolicyLineNumberofsalarygradesMidpoint-to-midpointdifferentialsSalaryrangespreadsSalaryrangeoverlapExercise15Entryleveljobs-30%~40%Professional&Supervisory-50%~60%Management-60%~75%SeniorExecutives-75%~100%SALARYRANGESPREADSNumberofsalarystructuresPayPolicyLineNumberofsalarygradesMidpoint-to-midpointdifferentialsSalaryrangespreadsSalaryrangeoverlapTypicalRangeSpreads16GraphicalExampleofInconsistentSalaryRangeSpreads01020304050607012345Grades$'000SALARYRANGESPREADSNumberofsalarystructuresPayPolicyLineNumberofsalarygradesMidpoint-to-midpointdifferentialsSalaryrangespreadsSalaryrangeoverlap17LARGEOVERLAPSalaryRangeOverlapSMALLOVERLAPINCONSISTENTOVERLAPSALARYRANGEOVERLAPNumberofsalarystructuresPayPolicyLineNumberofsalarygradesMidpoint-to-midpointdifferentialsSalaryrangespreadsSalaryrangeoverlapMODERATEOVERLAP18FormulaforSalaryRangeOverlapSalaryRange=Maximuma-MinimumbX100%OverlapMaximuma-MinimumaExample:-1500-1350X100%=30%1500-1000SALARYRANGEOVERLAPNumberofsalarystructuresPayPolicyLineNumberofsalarygradesMidpoint-to-midpointdifferentialsSalaryrangespreadsSalaryrangeoverlap$100~199200~299300~399$400~499JobGrades(JobEvaluationPoints)$1000$1500$1250MaximumMinimumSalaryRangeOverlapabMidpoint$135019SalaryRangeSpreadSALARYSTRUCTURETERMINOLOGIES100~199200~299300~399$400~499JobGrades(JobEvaluationPoints)MaximumMinimumSalaryRangeOverlapMidpointMidpointMidpointtoMidpointDifferentialPayPolicyLine20CASEILLUSTRATIONCreatingaG