Pay Exercise.111

Pay Exercise.111 - Assessment Issues n How good is the...

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Click to edit Master subtitle style ALLOCATING PAY RAISES
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Pay Allocations 1 2 3 4 5 6 Hal 3000 2400 2400 2400 2400 2400 Elsa 4200 4500 5915 5070 6760 6535 Samson 4500 2718 5436 5436 4530 3718 Harvey 3300 4235 5082 3388 2541 5278 Carol 3000 2595 3460 2595 0 2545 Hilary 3000* 2454 4090 3272 2454 2454 Matthew 4000 4500 5635 5635 8050 8050 Jesse 3500 2430 4050 4050 4050 5162 LEFT 6400 6568 332 4554 5615 273 Train (1600)
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Pay Information
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Structural Issues n Which behaviors should be rewarded? Why? n Are components (COLA, seniority, merit) clearly distinguished? n Are you giving rewards or incentives? n Are the rules of the game clear in advance? n Should you use percentages or dollars?
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Unformatted text preview: Assessment Issues n How good is the performance appraisal process? n How should rating differences across raters be addressed? n What is the value of peer ratings? n Are you rewarding effort or performance? n Are raises, and differences in raises, large enough? Managerial Issues n What are the dysfunctional consequences of your system? n Do you want pay to be secret? n Are messages through pay raises consistent with messages through policy?...
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This note was uploaded on 03/14/2011 for the course MGMT 4953 taught by Professor Staff during the Spring '11 term at Arkansas.

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Pay Exercise.111 - Assessment Issues n How good is the...

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