Chapt. 12 - PowerPoint PPT Presentation

About This Presentation
Title:

Chapt. 12

Description:

Team-Based Job Analysis ... members in which a complete description of team work activities is completed ... Market & Team-Based Pay. Problem: determining ... – PowerPoint PPT presentation

Number of Views:57
Avg rating:3.0/5.0
Slides: 11
Provided by: shan83
Category:

less

Transcript and Presenter's Notes

Title: Chapt. 12


1
Chapt. 12 Team-Based Pay in a Knowledge-Based
World
  • Teams are defined by 7 characteristics
  • Shared leadership roles
  • Individual mutual accountability
  • Specific team purpose that team delivers
  • Collective work products
  • Open-ended discussion and active problem-solving

2
  • Performance measured directly by assessing
    collective work products
  • Real work discussed, decided on, and completed
    together

3
Team-Based Job Analysis
  • Focuses on a meeting of all team members in which
    a complete description of team work activities is
    completed
  • Many times, each team member is assigned
    homework of all tasks, activities, duties, and
    assignments performed by the individual

4
Skill-Based Pay
  • The base pay of an employee is determined by the
    kinds and levels of skills acquired
  • Different kinds and levels of skills are given
    different sets of quantitative values, and then
    related to different pay
  • When the employee acquired and demonstrates
    additional skill levels, the employee received
    the additional assigned pay

5
  • Typically, in skill-based pay systems employees
    can acquire additional job knowledge faster and
    receive larger pay increases
  • Problem organizations end up paying employees at
    high skill mastery levels even when employees are
    performing jobs requiring lower skills

6
Pay For Knowledge Plans
  • While skill-based pay evolved in manufacturing
    sector, pay for knowledge plans began for service
    industries
  • Pay is determined by the kinds and levels of
    knowledge acquired by employee --- not the skills
    mastered
  • This plan is better for jobs where work of team
    members is more general, and cannot be
    specifically defined

7
  • Example
  • Public school teachers
  • Bachelors level
  • Masters level
  • Education Specialists level
  • Doctorate level

8
Competency-Based Pay
  • Definition page 375
  • Competence is a combination of knowledge and
    skills required to perform an assignment
    successfully. Its attainment is evidenced by the
    ability of an individual to gather data, process
    it into useful information, assess it, and arrive
    at an appropriate and usable decision in order to
    initiate the actions necessary to accomplish that
    assignment in an acceptable manner.

9
  • Competency-based pay systems utilized primarily
    for management and professional positions
  • Compensable Factor Cube Page 376

10
Market Team-Based Pay
  • Problem determining market values that are
    comparable
  • Broadbanding used with team-based pay, but
    usually only have minimal number of pay rates
    (3-4)
Write a Comment
User Comments (0)
About PowerShow.com