Question

In: Operations Management

Outline the process for establishing pay rates.

Outline the process for establishing pay rates.

Solutions

Expert Solution

If you have any problems with the answer, just ask in. The comments and I will try to help you as soon as possible. Please give a positive rating if you think this answer helped you.

Pay rates are determined by using a number of processes which are then utilized to establish the accurate values that each job is worth:-

1. There is a need to consider the minimum amount of wage, for the particular job as regulated by fair labor standard act of 1938.

2. The pay scale is determined by using processes such as salary survey and job evaluation which help determine the worth that each job has and the performance of the employee is factored into the process after that.

3. Calculating the compensable factor.

4. Utilizing the model of competency-based pay.

5. Comparable worth is factored in and essentially allows us to consider all the different factor and research and essentially create the pay scale and the pay rate.

keosha answered 8 months ago
Next > < Previous

Related Solutions

Outline how a small business might process payroll and electronically pay it's payroll taxes and file...
Outline how a small business might process payroll and electronically pay it's payroll taxes and file the related IRS forms.
Section C: Establishing Strategic Pay Plans Case Study: Carter Cleaning Company – The New Pay Plan...
Section C: Establishing Strategic Pay Plans Case Study: Carter Cleaning Company – The New Pay Plan Jennifer Carter graduated from State University in June 2011 and, after considering several job offers, decided to do what she always planned to do—go into business with her father, Jack Carter. Jack Carter opened his first laundromat in 1999 and his second in 2001. The main attraction of these coin laundry businesses for him was that they were capital—rather than labor—intensive. Thus, once the...
Explain the process for establishing the line and grade for a sanitary sewer line connection to...
Explain the process for establishing the line and grade for a sanitary sewer line connection to an existing municipal sanitary manhole. Include the type of sewer flow, the importance of the pipe invert and reach of the sewer in determining the slope of the pipe, factors that determine the use of manholes, the use of batter boards and offset stakes, minimum ground cover required. In addition, discuss the use of visual aid such as field notes and a simple plan...
The management of the Diners Delight restaurant chain is in the process of establishing quality control...
The management of the Diners Delight restaurant chain is in the process of establishing quality control charts for the time that its service people give to each customer. Management thinks the length of time that each customer is given should remain within certain limits to enhance service quality. For simplicity, the data from three samples are displayed below. In each sample, five service people were randomly selected, and the customer service they provided was observed. The time (in seconds) to...
Explain the process for establishing the line and grade for a sanitary sewer line connection to...
Explain the process for establishing the line and grade for a sanitary sewer line connection to an existing municipal sanitary manhole. Include the type of sewer flow, the importance of the pipe invert and reach of the sewer in determining the slope of the pipe, factors that determine the use of manholes, the use of batter boards and offset stakes, minimum ground cover required. In addition, discuss the use of visual aid such as field notes and a simple plan...
The management of the Diners Delight restaurant chain is in the process of establishing quality control...
The management of the Diners Delight restaurant chain is in the process of establishing quality control charts for the time that its service people give to each customer. Management thinks the length of time that each customer is given should remain within certain limits to enhance service quality. For simplicity, the data from three samples are displayed below. In each sample, four service people were randomly selected, and the customer service they provided was observed. The time (in seconds) to...
Outline the main objectives of recruitment process in an organisation.
Outline the main objectives of recruitment process in an organisation.
Explain the process of establishing new accounts for fixed assets that will be depreciated like equipment....
Explain the process of establishing new accounts for fixed assets that will be depreciated like equipment. Why is accumulated depreciation set up with a negative beginning balance? What is the purpose of depreciation? What financial benefits does deprecation add to the organization?
B05 - Construction Surveying - Assignment 8 Explain the process for establishing the line and grade...
B05 - Construction Surveying - Assignment 8 Explain the process for establishing the line and grade for a sanitary sewer line connection to an existing municipal sanitary manhole. Include the type of sewer flow, the importance of the pipe invert and reach of the sewer in determining the slope of the pipe, factors that determine the use of manholes, the use of batter boards and offset stakes, minimum ground cover required. In addition, discuss the use of visual aid such...
Outline the normal ageing process and describe the following theories proposed to explain the ageing process...
Outline the normal ageing process and describe the following theories proposed to explain the ageing process (in 40-60 words each).
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT