5-2 Final Project Milestone Two: Section 1: Internally Consistent Job Structures

OL 325 Milestone Two Guidelines and Rubric Section 1: Internally Consistent Job Structures Section 1 introduces you to the specification of internally consistent job structures. Through writing job descriptions, the developmen t of job structures, and both the development and implementation of a point evaluation method to quantify job differences objective ly, you build the framework for internal equity. In Section 1, you will focus on building an internally consistent compensation system. An internally consistent compensation system design will clearly define the relative value of each e -sonic sample job, creating a job hierarchy and an objective rationale for pay differences. As an e -sonic consultant, you are offered a sample of e -sonic jobs in Section 1. Currently, e -sonic employs 100 people and will be hiring many more. However, for the purpose of this simulation, you are asked to work with the sample of four jobs offered (see Appendix 2 for sample jobs, located in the MyManagementLab project tab). Limiting the number of jobs removes one level of complexity from the simulation and allows you to focus on learning the functions of compensation system design. The framework you develop classifying sample jobs can easily be adapted in the future to include all e -sonic positions. Section 1 Outline: 1. Create Job Descriptions 2. Create Job Structures 3. Build Point Ev aluation Method a) Select benchmark jobs. b) Choose compensable factors based upon benchmark jobs. c) Define factor degree statements. d) Determine weights for each compensable factor. 4. Calculate Point Values for e -Sonic Jobs a) Determine point value for each compensable factor. b) Use the job evaluation worksheet to calculate point values for each position. c) Distribute points for each compensable factor across degree statements. d) Rate jobs using point method. e) Individually rate jobs to ensure reliability. f) Resolve any discrepanc ies in point totals. g) Rank jobs in each job structure according to results of your point evaluation. The Internally Consistent Job Structures section is fully de scribed in the MyManagementLab Building Strategic Compensation Systems casebook for faculty and students, linked in the MyLab course menu. Follow the explanations and outline to complete this milestone. Section 1: Inter nally Consistent Job Structures is due at the end of Module Five . Rubric Requirements of submission: Each section of the final project must follow these formatting guidelines: 5–7 pages, double spacing, 12 -point Times New Roman font, one -inch margins, and discipline -appropriate citations. Instructor Feedback: This activity uses an integrated rubric in Blackboard. Students can view instructor feedback in the Grade Center. For more in formation, review these instructions . Critical Elements Exemplary (100%) Proficient (85%) Needs Improvement (55% ) Not Evident (0%) Value Section 1: Internally Consistent Job Structures Provides in -depth job structures with all of the elements of Section 1 of the Building Strategic Com pensation Project documentation Provides all job structures with most of the elements of Section 1 of the Building Strategic Com pensation Project documentation Provides most job structures with some of the e lements of Section 1 of the Building Strategic Com pensation Project documentation Does not provide job structures with elements of Section 1 of the Building Strategic Com pensation Project documentation 50 Integration and Application All of the course concepts are correctly applied Most of the course concepts are correctly applied Some of the course concepts are correctly applied Does not correctly apply any of the course concepts 20 Critical Thinking Draws insightful conclusions that are thoroughly defended with evidence and examples Draws informed conclusions that are justified with evidence Draws logical conclusions, but does not defend with evidence Does not draw logical conclusions 20 Writing (Mechanics/ Citations) No errors related to organization, grammar and style, and APA citations Minor errors related to organization, grammar and style, and APA citations Some errors related to organization, grammar and style, and APA citations Major errors related to organization, grammar and style, and APA citations 10 Total 100%