Study Guide Human Resource Management

Exam 4 Study Guide- Chapter 11 Chapter 11 1. Pay-structure (p 501) The congener catch up with of incompatible line of businesss ( hypothesize structure) and how much they are stipend (pay level). 2. Job Structure (p 501) The relative pay of occupancys in an organization. evict be defined as the relative deserving of sundry(a) jobs in the organization, based on these types of internal comparisons a. Job military rank An administrative procedure utilize to measure internal job worth. Based on paid factors (The characteristics of jobs that an organization values and chooses to pay for) and a weighting intent base on the splendour of each(prenominal) factor to the organization. b. The consign Factor System later on generating scores for each remunerative factor on each job, job evaluators often defy a weighting intrigue to account for the differing importance of the factors to the organization. 3. power wage th eory (p 505) A theory stating that wages set worker productivity. 4. Rate Ranges (p 506) polar employees in the same job may have antithetical pay rate. 5. Key Jobs (p 506) benchmark jobs, practised in pay surveys, that have relatively constant content and are jet to many organizations. 6.

Nonkey Jobs (p 507) Jobs that are rummy to organizations and that cannot be directly valued or compared through the use of market surveys. 7. Pay insurance line (p 509) A numeric expression that describes the relationship amidst a jobs pay and its job military rank points (trend line). 8. Pay Grades (p 510) Jobs o f similar worth or content grouped together! for pay validation purposes. Advantages are that the administrative lodge of setting separate rates of pay for hundreds or incompatible jobs is reduced. Permits greater flexibility in moving employees from job to job without raising concerns. Disadvantage is most jobs will be underpaid and others overpaid. Could apply to higher labor be and potential difficulties in competing in the product...If you want to get a full essay, order it on our website: BestEssayCheap.com

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