Question: Compensation Pay Structure Assignment This assignment requires that you go to the O*NET OnLine website to find market pay for certain jobs, create a point
Compensation Pay Structure Assignment This assignment requires that you go to the O*NET OnLine website to find market pay for certain jobs, create a point job evaluation system, create a pay structure chart, and do a short analysis to determine what the base and top salary of radiologic technologists are. You will explain how promotions within your pay grades should be done, and why. (35 points) Step 01. Go to the O*NET OnLine website. Step 02. Inside of the bottom, center box, click the arrow next to Browse by O*NET Data:. Step 03. On the upper right of page, fill in the Occupation Quick Search field with the various jobs listed below in section 1 a-g. Proceed with the assignment below. CREATE A PAY STRUCTURE 1. Go to the O*NET OnLine website to find the market pay for the following jobs (5 points) a. Janitor b. Physical therapist c. Dietician d. Radiologic technologist e. Physician assistant f. Gynecologist g. Registered nurse h. Any other medical-related job 2. Create and show a point job evaluation system using the following compensable factors (5 points) a. Education required b. Experience c. Contact with Others 3. Use the job evaluation system to score each job. Show what the jobs score for each compensable factor and overall score (to be used in the pay structure) (5 points) 4. Create a pay structure (clearly label everything). (10 points) a. Use the market pay and point data for each job. You may label the jobs in small print such as J for janitor and RT for Radiologic Technologist b. Draw a market line and pay line (clearly label each) c. Use the lag (not lead) approach to pay d. Draw six pay grades. The geographic center of each pay grade is on the pay line. e. Show which jobs should go to which pay grade (use arrows) 5. What is the base salary of the radiologic technologist based on your analysis? (3 points) 6. What is the top salary allowed of the radiologic technologist based on your analysis? (3 points) 7. How should promotions within your pay grades be done---by seniority, merit, or some incentive? Explain why. (4 points)
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