Compensation System discussion
- Task: Design a Compensation System.
- Follow up: Complete these six steps to develop your compensation system. The regression analysis can be done in Excel, or some other appropriate software (SPSS, etc.).
- Get a sample of jobs in a job family
- Analyze those jobs for their relevant KSABs
- Score those jobs appropriately.
- Regress the scores against salary data.
- Write an analysis of your results.
- Conclusion
- Resources to assist you: Data can be found from O-Net. Example: Job Description, salary data, or students referred as a source for job family information.