ESTABLISHING PAY PLANS.pptVIP

Basic Factors in Determining Pay Rates Five Step Process of Establishing Pay Rates Job Evaluation Ranking Method of Job Evaluation Point Method of Job Evaluation Assigning Market Value Positioning Jobs within a Band Comparable Worth * ? Prentice Hall, 2000 Chapter 11 11 Gary Dessler Human Resource Management, 8th Edition Chapter Eleven Establishing Pay Plans Behavioral Objectives Discuss four basic factors determining pay rates. Explain in detail each of the five basic steps in establishing pay rates. Present the pros and cons of job evaluation. Define comparable worth and explain its