GB$520$M$3-3$: Analyze Human Resource considerations to business decision making.

Case Study:

This healthcare organization has $10$ different positions. Due to the lack of an HR professional who understands compensation issues, it has no salary structure for the employees.

The job titles are:

Chief Executive Officer

Admissions Patient Services

Medical Coding

Nurse Practitioner

Registered Nurse

Radiology Technician

Physician Assistant

Cardiologist

Pharmacist

Pharmacist Technician Manager

Checklist:

Your task is to analyze data to rank$-$order the jobs above in the business based on least to most value to the organization so executives can make hiring decisions.

This is accomplished by the following in a Microsoft$$ Excel$$ spreadsheet:

You will need to do some research at salary.com, benchmark these positions using regional or national data, and rank the employees' salaries.

You can use an objective point system to assign points, using compensable factors for the jobs as well.

Next, you will tally the points for each position and assign these jobs to specific pay grades.

Explain how your analysis will help the organization make hiring decisions and establish pay grades that are internally consistent and externally competitive.$$

Now, you have an example of how a compensation professional creates pay grades. Include your reference list in the final tab of the Excel document or at the bottom of the worksheet.