Management and Organizational Studies 3342A/B Lecture 5: MOS3342 Oct 19
Document Summary
Link pay to the depth or breadth of the skills, abilities, and knowledge a person acquires. Pay individuals for all the skills for which they have been certified regardless of whether the work they are doing requires all or just a few of those skills. Based on premise: structures based on differences in people"s skills/competencies will be more flexible, and thus, encourage agility. Types of skill-based pay plans: specialist: increasing depth of knowledge advanced skills that pertain to one job. Pay increases result from certification of increasingly. Pay increases result from certification of new skills that. Goal: greater employee capability and flexibility: generalist/multiskill-based: increasing breadth of knowledge pertain across a variety of jobs. Purpose of the skill-based structure: establish purpose(s) of evaluation. Skill analysis skill blocks skill certification skill-based pay. Skill analysis: a process to identify and collect information about skills required, collect information on to perform work in an organization.