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Agenda• Introductions• ProjectObjectives• ProjectSteps• ProjectTimeline• Q&A• PositionInformationQuestionnaireAddendum专业.....Agenda• Introductions专业..AbouttheHayGroup• GlobalHumanResourcesManagement
ConsultingFirm• 2,000EmployeesWorldwide• 9,000ClientsinVariousIndustries• PartnerswithClientstoImplementHumanResources StrategieswhichAlignwithBusinessObjectives• LeaderinCompensationAssessmentandDesign 专业.....AbouttheHayGroup• GlobalHuProjectObjectivesAssessNewJerseyInstituteofTechnology’scurrentpositionclassificationprogramandmakerecommendationstoensurethatitenablespayinanequitableandcompetitivemanner.NJIT’scurrentclassificationprogramhasnotbeenformallyreviewedinanumberofyears…concernshavedevelopedabout:comparabilityofrolesandjobvalueacrosstheorganization,turnoverincertainareas,andtheincreasingcomplexityofwork.专业.....ProjectObjectivesAssessNewJProjectObjectivesBenchmarksampleof80positions(bothalignedandnon-aligned)selectedtoencompassarepresentativesampleoftitlesandjoblevelsinthefollowingfunctionalareas:
FinanceandBudgetNorthJerseyTransportationPlanningAuthorityInformationTechnology专业.....ProjectObjectives专业..ProjectObjectivesRecommendmodificationstothedesignofthecurrentprogramtoensurethatpaystructure:Reflectsjobvalueandcontribution
inaconsistentmethodologyAchievesdesiredandappropriately
competitivemarkettargetsNote:Therewillbenoreductionsinpayasadirectresultofthisstudynordoweanticipatewholesaleincreasesincompensationlevels.专业.....ProjectObjectives专业..Step1:ConductEmployeeOrientationSessionsTwosessionstofamiliarizeNJITemployeeswiththeobjectivesandstepsintheprocess,answerquestionsanddistributepositioninformationquestionnaires.专业.....Step1:ConductEmployeeOrieI:/GKN0524.pptStep2:ConductInterviewsInterviewswillbeconductedwiththedefinedareaDivisionHeadsandHumanResourcestounderstandNJIT’s:MissionandStrategiesJobRolesandChallengesCompensationPhilosophyandIssuesCurrentPayStructuresandProcesses专业.....I:/GKN0524.pptStep2:ConductStep2:ReviewandUpdateJobDocumentationClassificationandcorrespondingcompensationparametersshouldbelinkedtojobcontent-inordertofairly“size”thebenchmarkpositionsatNJIT: Employeeswillcompleteaposition informationquestionnairetoprovide currentinformationonjob accountabilities,requirementsand competencies. Managerswillreview,commenton andapprovethecompleted questionnaires.NewJerseyInstituteofTechnologyExpertiseNewJerseyInstituteofTechnologyPositionInformationQuestionnaire专业.....Step2:ReviewandUpdateJobStep3:EvaluateJobsHaywilltrainacommitteecomprisedofNJITemployeesinHay’sproprietaryjobmeasurementmethodology.Committeememberswillincludeseniormanagementandselectrepresentativesfrom:• HumanResourcesNJITcurrentlyusesajobmeasurementapproachthatissimilartoHay’smethodology.专业.....Step3:EvaluateJobsHaywillStep3:EvaluateJobs(Cont’d)AsubsetoftheCommitteewillworkwithHaytoevaluatethebenchmarkpositionsoverafourdayperiod.Hay’sfacilitationwillensure:AnobjectiveprocessisappliedtoalljobsEvaluationsareconsistentwithexternalreferences andstandards专业.....Step3:EvaluateJobs(Cont’dStep3:EvaluateJobs(Cont’d)QualityControl….TheCommittee’sevaluationswillthenbereviewedwiththeDivisionHeadstoensurethattherelativeimportanceofjobshasaccuratelybeenreflected.专业.....Step3:EvaluateJobs(Cont’dStep3:EvaluateJobs(Cont’d)Hay’sMethodologyisthemostwidelyusedprocessintheworld:• Measuresjobstoreflecttheirrelativeweightin
theorganization• Providesmeanstoassesspayacrossdifferent market/functions• Evaluatesjobsandnotpeople• Notbasedonperformance,title,writingskills orcurrentsalary专业.....Step3:EvaluateJobs(Cont’dHay’sJobEvaluationMethodologyvaluesalljobsagainstthreefactors:Know-HowProblemSolvingAccountabilityStep3:EvaluateJobs(Cont’d)专业.....Hay’sJobEvaluationMethodoloKnow-How-thesumtotalofknowledge,howeveracquired,necessaryforcompetentjobperformance:TechnicalKnow-HowManagerialKnow-HowHumanRelationsSkillsStep3:EvaluateJobs(Cont’d)专业.....Know-How-thesumtotalofknProblemSolving-theamountoforiginal,“self”starting”thinkingrequiredtoanalyze,evaluate,createandmakeconclusions:ThinkingEnvironmentThinkingChallengeStep3:EvaluateJobs(Cont’d)专业.....ProblemSolving-theamountoAccountability-thelatitudetotakeactionandcommitresourcesandthemeasuredeffectofthejobontheorganization:FreedomtoActImpactonEndResultsMagnitude(MonetaryValueofImpact)Step3:EvaluateJobs(Cont’d)专业.....Accountability-thelatitudeTheresultofthejobevaluationprocessisarankingofpositionsfromtoptobottom:Step3:EvaluateJobs(Cont’d)专业.....TheresultofthejobevaluatiStep4:ConductInternalEquityAnalysisInternalconsistencyofpaylevelscanbeassessedbymatchingdollarstopoints:BaseSalaryPracticeInternalEquityAssessment$Points专业.....Step4:ConductInternalEquiStep5:ConductMarketPricingAnalysisNjit’spaylevelswillthenbecomparedtoappropriatecompetitivemarketse.G.,Regionalcompanies,educationsector,notforprofits...AnnualDollars(000’s)ClientPoints140120100806040200024048072096090thPercentile75thPercentileABCPayPracticeAverage25thPercentile10thPercentile专业.....Step5:ConductMarketPricinHaywillprepareafinalreportoffindingsandrecommendationsforNJITExecutivesandHumanResourcesthatwillcover:AssessmentofinternalequityResultsofmarketpricinganalysisAdjustmentstoclassificationand/orcompensationstructureCostofimplementingchangesImpactofchangesoncurrentprocessesandbargainingagreementsHaywillreviewtheresultsofthestudywithNJITHumanResourcesandDivisionHeadsfromtheBenchmarkgroups.Step6:PresentReport专业.....HaywillprepareafinalreporOnceNJIThashadtheopportunitytoreviewHay’sreport,NJITwillpresentasummaryofthefindingsandrecommendationstoallemployeesinvolved/impactedbythestudy.Step7:ProvideFeedbacktoEmployees专业..
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