A Handbook of Human Resource Management Practice
The detailed designphase, when improvements and changes are detailed and any changes tested (pilot testing is important). The f ...
It may be helpful to set out reward strategies on paper for the record and as a basis for planning and communication. But this s ...
They have to have clearly defined goals and a well-defined link to business objectives. There have to be well-designed pay and ...
EXAMPLES OF REWARD STRATEGIES The source of the following examples of reward strategies is e-reward (2004a). AEGON UK Agood exam ...
As stated in the Norwich Union Insurance’s documentation and illustrated in Figure 43.5: These initiatives... support our commit ...
● to widen career opportunities for all; ● to provide managers with the means to recognize and reward performance locally. Integ ...
Other examples Other examples are given in Table 43.1 of the ways in which organizations have responded to the needs established ...
approach is required – what’s good is what works. It is also appreciated that imple- mentation presents a massive change managem ...
Job evaluation Job evaluation is of fundamental importance in reward management. It provides the basis for achieving equitable p ...
JOB EVALUATION DEFINED Job evaluation is a systematic process for defining the relative worth or size of jobs within an organiza ...
elements are present in a job in order to establish relative job value. The set of factors used in a scheme is called the factor ...
Concerned with the job not the person This is the iron law of job evaluation. It means that when evaluating a job the only conce ...
‘matched’ with the range of grade or level profiles to establish the best fit and thus grade the job. Alternatively or additiona ...
NON-ANALYTICAL JOB EVALUATION Non-analytical job evaluation compares whole jobs to place them in a grade or a rank order – they ...
receives one point; if it is regarded as less important, no points are awarded. The scores are added for each job and a rank ord ...
above are – they only deal with internal relativities and are not directly concerned with market values, although in conjunction ...
A‘proprietary brand’, ie one provided by consultants, was used by 37 per cent of respondents and 26 per cent used a hybrid or ta ...
Disadvantages of computer-assisted job evaluation Computer-assisted job evaluation systems can lack transparency – the evaluatio ...
Job evaluation ❚ 669 Table 44.1 Comparison of approaches to job evaluation Scheme Characteristics Advantages Disadvantages Point ...
670 ❚ Rewarding people Scheme Characteristics Advantages Disadvantages matching the job generalized that they are description wi ...
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