General Business BUS206 Lecture 3: Module 3 - Ch. 3 Overview
22 Sep 2020
School
Department
Course
Professor
The Pay Model
Internal Alignment
Internal Alignment/Equity
❑ the relationships between the jobs/skills/ competencies within a
single organization
❑ the relationships form a job structure that:
◼ supports organization strategy
◼ supports the workflow
◼ motivates behaviour of employees
Job Structure at an Engineering Company
Pay Structure
❑ refers to the array of pay rates for different work or skills within a single
organization, created through the use of:
◼ the number of levels of work
◼ the differentials in pay between the levels, and
◼ the criteria used to determine those differences.
Pay Structure at an Engineering Company
What Shapes Internal Structures?
Illustration of an
Internal Labour Market*
Strategic Choices Among
Document Summary
Internal alignment/equity the relationships between the jobs/skills/ competencies within a single organization. The relationships form a job structure that: Refers to the array of pay rates for different work or skills within a single organization, created through the use of: The differentials in pay between the levels, and. The criteria used to determine those differences. Players perform better where prize differentials are sizeable. Works best in situations where individual performance matters most. But . no analysis of whether the practice fits the organizational strategy. Internal alignment refers to the pay relationships among jobs / skill / competencies within a single organization. Pay structures the array of pay rates for different jobs within an organization are defined by levels, differentials, and the criteria for determining these. Acceptance by employees of the pay differentials between jobs is a key test of an equitable pay structure.
