Outcome 2 – Pay Structure
Students will support their understanding of pay-structure design by creating three complete job descriptions that include pay structures: one for incentive pay, one for traditional pay, and one for person-focused pay. These can be developed for an organization the student is familiar with or a fictitious organization. Each description will be no more than two pages in length, double-spaced, and presented in a business-oriented document. For each, include a job title, a description of the organization, a brief summary of the job, a bullet-point list of essential job tasks, a brief description of the context of the job, a bullet-point list of key knowledge, skills, and abilities required for the position, and pay considerations in the context of pay-structure design.
Recommended Readings
- Boston, Massachusetts: Harvard Business Review Press. (ISBN: 9781422158005
Researching job descriptions
- Please refer to the BAM 450 research starter for resources about job descriptions from the library. Use the keyword section to alter your keywords and explore the databases for articles regarding trends in human resources.Here is an example of a search to get you started:“writing job descriptions”Examples of job descriptions can also be found from private company websites as they advertise for new positions.If you need additional research help or have any questions, please use the Ask a Librarian service.
- http://web.b.ebscohost.com.
proxy.cityu.edu/ehost/r…
Answer preview
In the hypothetical case of a small business; restaurant, pay structure formation for different roles will consider, incentive pay, traditional pay structure, and a person focused pay structure. Creating a pay structure for a job requires an evaluation of factors within and outside the organization for workforce stability and managing the costs (Brown et al., 2017). In practice, HR can create the structure or otherwise work with a compensation consultant. The key requirements for an effective pay structure such as an evaluation of the job, development of pay policy and conducting a pay survey analysis. A restaurant in the US like Lune Croissanterie in Australia would require a restaurant manager, a Chef de partie and an accountant/Clerk. This analysis will focus to establish a pay structure for the three jobs in a similar small business environment.
Job Description for Incentive Pay Structure
Job title: Restaurant Manager
I. Description of the organization
The organization is a small sized with only a few sections and departments. The organization employees are young with an average experience in their area of expertise. The organization is in the process of recruiting…
(2200 words)