1. Calculate job evaluation point (JEP) based on the point method and following information: Manager possess...
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1. Calculate job evaluation point (JEP) based on the point method and following information: Manager possess high responsibility, high skills, 6 years' experience and get$900 monthly salary. Assistant manager possesses medium responsibility, medium level of skills, experience of 3 years and salary $ 500. Executives of the company have comparatively low responsibility, low skills and minimum 1 years of experience and $300 as salary. Pay structure will be adjusted 20% more and less than the salary they are getting in each position. i) What will be JEP for all the position? Draw wage curve and wage structure? ii) Calculate JEP for the post of General Manager and draw wage curve again. Does the curve show range/grade overlap? Interpret. How would you adjust such pay/salary/wage anomalies? * 1. Calculate job evaluation point (JEP) based on the point method and following information: Manager possess high responsibility, high skills, 6 years' experience and get$900 monthly salary. Assistant manager possesses medium responsibility, medium level of skills, experience of 3 years and salary $ 500. Executives of the company have comparatively low responsibility, low skills and minimum 1 years of experience and $300 as salary. Pay structure will be adjusted 20% more and less than the salary they are getting in each position. i) What will be JEP for all the position? Draw wage curve and wage structure? ii) Calculate JEP for the post of General Manager and draw wage curve again. Does the curve show range/grade overlap? Interpret. How would you adjust such pay/salary/wage anomalies? *
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ANSWER 1 JEP Job Evaluation Point Example Position Rate Pay Years of str... View the full answer
Related Book For
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
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