Question: Designing a Pay Structure Complete the pay structure of a college professor. You can use the below table to fill out the chart for a

Designing a Pay Structure

Complete the pay structure of a college professor. You can use the below table to fill out the chart for a professor or use the Designing Pay Structure Link.

Job Title

Factor

Degree

Point Value

Total

Accountant

Education

1 High School

20

2 Associate

25

3 Bachelors

30

4 Masters

35

5 - Doctoral

40

Amount of

1 0-1 year

20

Experience

2 2-5 years

30

Required

3 6-10 years

40

4 More than 10

50

Job Complexity

1 Performs routine tasks

20

2 Performs a variety of tasks

30

3 Handles routine and non-routine tasks

with supervision

40

4 Handles complex tasks that require

independent decision making. May

require the ability to work within and

between divisions/departments

50

Supervision

1 Has no direct reports

20

Exercised

2 Has 1 3 direct reports

30

3 Has responsibility for a unit/section/dept

40

4 Has broad supervisory responsibility,

including the supervision of exempt and

non-exempt employees

50

Technology Skills

1 Little to no technological skill

requirements

20

2 Basic Microsoft Office

applications required

30

3 Specific software/hardware

proficiency required, based on

job assignment

40

4 High level software/hardware

proficiency, data analysis, and enterprise

software requirements

50

Total point

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!