3 - 2 Compensation Exercise

3 - 2 Compensation Exercise - Dayton's Compensation System...

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2 3 4 5 6 7 8 $10,000.00 $30,000.00 $50,000.00 $70,000.00 $90,000.00 $110,000.00 $130,000.00 Dayton's Compensation System Row 32 Exponential Regression for Row 32 Row 20 Exponential Regression for Row 20 Row 26 Exponential Regression for Row 26 Job Evaluation Points Expected wages
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Job evaluations (each job is rated from from 1 to 10) Greeters Sales Clerks Photo Shop Department head Display staff Store buyers Promotions Store Manager Number of individuals (FTE) 14 90 2 10 3 4 2 1 Mental effort 3 3 6 5 6 7 7 8 Physical effort 2 4 2 2 4 1 3 3 Responsibility 2 4 3 6 5 7 7 10 Total weighted score 2.4 3.6 3.95 4.6 5.15 5.5 6 7.45 Compensible factors Factor Importance Mental effort 40% Physical effort 25% Responsibility 35% Total (should equal 100%) 100% Pay level and job structure Your pay rate relative to market 100% This is a reflection of pay level; higher numbers mean higher pay Your pay slope relative to market 100% Job structure: high numbers mean top employees make much more than low employees
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3 - 2 Compensation Exercise - Dayton's Compensation System...

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