Building a fair pay program: a step-by-step guide by Roger J. Plachy

By Roger J. Plachy

A step by step source which courses repayment and human assets execs in designing and enforcing a good pay programme. It exhibits tips on how to hyperlink pay to functionality through targeting real effects completed, and the way to tie the pay programme into the organization's strategic plans.

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Pay programs must be designed with the organization in mind. If, for example, your organization anticipates a great deal of growth and change, it cannot afford to be strapped with a rigid and formal program. Your design must include the ability to make rapid changes. If your organization is mature and stable, your planning would differ. A final warning: when employee relations are not so good in an organization, a revised pay plan is frequently divined as a panacea. Such a beginning portends problems because the program usually becomes a patchwork rather than a unified system that enhances organizational performance.

It is communicationa statement of human resources values. Pay is not job descriptions, job evaluation, pay range calculations, or any of the other tools we use to establish a program. Pay is a thread in the human relationship between management and employees, a declaration of what is important to the organization and what is not. , a step in the process of building and managing your pay program) in this book discusses how job contributions are managed, it is an incredibly important element in your pay program.

ISBN 0-8144-7965-0 1. Compensation management. I. Plachy, Sandra J. 3'22dc21 98-20006 CIP © 1998 Roger Plachy and Sandra Plachy. All rights reserved. Printed in the United States of America. First edition published in 1996. This publication may not be reproduced, stored in a retrieval system, or transmitted in whole or in part, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of AMACOM, a division of American Management Association, 1601 Broadway, New York, NY 10019.

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