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Palindrome201112students回文201112学生
PALINDROME
A COMPENSATION SIMULATION
Charles H. Fay
Professor of Human Resource Management
School of Management and Labor Relations
Rutgers University
? 2009
PALINDROME
TABLE OF CONTENTS
Section Tab
________________________________________________________________
Project Evaluation 1
Introduction 2
Profile of Palindrome Instruments Company 3
Case I - Job Evaluation 4
Case II - Pricing the Job Worth Structure 5
Case III - Individual Wage Rate Determination 6
Appendix A - Attachments 7
PALINDROME PROJECT EVALUATION FOR ________________________________________
INTRODUCTION ______ of 3 points awarded
____ Mission statement
____ Corporate goals and objectives
____ Human resources strategy
____ Compensation philosophy
CASE I ______ of 10 points awarded
____ Explanation of criteria for selecting job evaluation system
____ Definitions of compensable factors including Working Conditions
____ Chart showing total points assigned to each compensable factor and the
weight and scale for each by degree
____ Job Evaluation Calculator chart
____ Job hierarchy
____ Unexpected or unusual findings
____ Multiple regression
____ Chart showing Expected Salary, Market Rates and Differences
____ Interpretation of the standard error of the estimate
CASE II ______ of 12 points awarded
____ Description of competitive pay policy; explanation of choice of survey
statistic; description of wage structure policy; analysis of wage structure
and description of any unique features about final structure
____ Pay Grades and Midpoints chart
____ Smoothed Midpoints, Grade Width and Overlap chart
____ Salary Structure Chart
____ Competitiveness Check 1
____ Final Grade Assignment
CASE III ______ of 10 points awarded
____ Description of individual pay policy and outline of policy for line managers;
explanation of policy for adjusting individual salaries through merit
increases; explanation of any di
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