Defining Internal Alignment
Compensation Srearegi
Support work flow
Support Fairness
Directs Behavior Toward Organization ObjectivesOrganization Objective
Definition of Internal alignment,
refers to the pay relationships between the jobs / skills / competencies within a single organization.
support the workflow,,is fair to fair to employees and directs their behavior directs their behavior toward organization objectives.
Pay structure
refers to the array of pay rates for different work or skills within a single organization
The number of levels, number of levels, differential in pay between the levels, and the criteria used to determine those differences create the structure.
Structure Vary
- An internal pay structure is defined by - the number of level of work, the pay differentials between the levels, the criteria used to determine those levels and differentials
These are the factors that a manager
may vary to design a structure
that supports the work flow,
is fair, and directs employee
behaviors toward objectives
Organization factors
Strategi
External Factors
Stakeholders
Goverment policies, laws, regulations
Economic pressures
Cultures and customs
Technology
Human capitol
Hr Policy
Employee acceptance
Cost implications
Use Value and Exchange Value
Use value - goods , service an
employee products
Exchange value - whatever wage the employer and employee agrees on for a job
Job and person based structures
job based - tasks , behaviors , responsibilities
person based - skills , knowledge , or competences the employee possesses
Consequences of an Internally Aligned Structure
Pay Structure
Reduce pay related work stoppages
Undertake training
Reduce turnover
Facilitate career progression
Facilitate performance
reduce pay - ralated grievances
increase experiences