Salary structure 4

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Salary Structure

Review a salary structure, in 3-4 pages, for the company and job you used in the previous assessments.

Introduction

Along with the job analysis and job evaluation, companies must determine how they will structure their pay and which model is the most appropriate for their company. Companies also have to consider the competitive position of their pay policy. As an HR professional, it is important to understand the different pay structures, and the process of gathering and interpreting data to determine a competitive pay position. What does it mean to be competitive and pay a salary that is not only internally equitable, but is also externally effective at attracting and retaining the appropriate labor force for your business? This assessment challenges you to consider all the issues that go into that decision making.

Introduction

In this assessment, select the most appropriate salary structure for an organization. Use the same company you used as the focus in the previous assessments.

In 3–4 pages:

Analyze the advantages of each of the three primary salary structures: traditional, broadbanding, and market-based.

Analyze the disadvantages of each of the three primary salary structures.

Analyze which salary structure would be the most effective for the organization and justify your reasons for your selection.

Additional Requirements

Your assessment should also meet the following requirements:

Written communication: Written communication is free of errors that detract from the overall message.

Formatting: One-inch margins, appropriate headers, and a title page.

Length: 3–4 double-spaced pages.

Font and font size: Times New Roman, 12 point.

Competencies Measured

By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and scoring guide criteria:

Competency 1: Evaluate the importance of compensation and benefits plans in attracting and retaining the most qualified talent. 

Analyze the advantages of each of the three primary salary structures: traditional, broadbanding, and market-based.

Analyze which salary structure would be the most effective for the selected organization and justify reasons for selection.

Competency 4: Create a base pay and a base benefit plan. 

Analyze the disadvantages of each of the three primary salary structures: traditional, broadbanding, and market-based.

Competency 5: Apply the Capella Writing Standards to support professional practice 

Convey purpose, in an appropriate tone and style, incorporating supporting evidence and adhering to organizational, professional, and scholarly writing standards

3/25/23, 9(29 AMReviewing a Salary Structure Scoring Guide

Page 1 of 1https://courserooma.capella.edu/bbcswebdav/institution/BUS-FPX/BUS-FPX4043/220700/Scoring_Guides/a04_scoring_guide.html

Reviewing a Salary Structure Scoring Guide

CRITERIA NON-
PERFORMANCE BASIC PROFICIENT DISTINGUISHED

Analyze the
advantages of each
of the three primary
salary structures:
traditional,
broadbanding, and
market-based.

Does not identify
the advantages of
each of the three
primary salary
structures:
traditional,
broadbanding,
and market-
based.

Identifies the
advantages of each
of the three primary
salary structures:
traditional,
broadbanding, and
market-based.

Analyzes the
advantages of
each of the three
primary salary
structures:
traditional,
broadbanding,
and market-
based.

Analyzes the advantages of each of
the three primary salary structures:
traditional, broadbanding, and
market-based, and uses information
from outside research to
substantiate analysis.

Analyze the
disadvantages of
each of the three
primary salary
structures:
traditional,
broadbanding, and
market-based.

Does not identify
the disadvantages
of each of the
three primary
salary structures:
traditional,
broadbanding,
and market-
based.

Identifies the
disadvantages of
each of the three
primary salary
structures:
traditional,
broadbanding, and
market-based.

Analyzes the
disadvantages of
each of the three
primary salary
structures:
traditional,
broadbanding,
and market-
based.

Analyzes the disadvantages of each
of the three primary salary
structures: traditional,
broadbanding, and market-based,
and uses information from outside
research to substantiate analysis.

Analyze which salary
structure would be
the most effective for
the selected
organization and
justify reasons for
selection.

Does not identify
which salary
structure would
be the most
effective for the
selected
organization.

Identifies which
salary structure
would be the most
effective for the
selected
organization.

Analyzes which
salary structure
would be the
most effective for
the selected
organization and
justify reasons
for selection.

Analyzes which salary structure
would be the most effective for the
selected organization and uses
information from outside research to
substantiate rationale for selection.

Convey purpose, in
an appropriate tone
and style,
incorporating
supporting evidence
and adhering to
organizational,
professional, and
scholarly writing
standards

Does not convey
purpose, in an
appropriate tone
and style,
incorporating
supporting
evidence and
adhering to
organizational,
professional, and
writing scholarly
standards.

Conveys purpose,
in an appropriate
tone or style. Clear,
effective
communication is
inhibited by
insufficient
supporting
evidence and/or
minimal adherence
to applicable writing
standards.

Conveys
purpose, in an
appropriate tone
and style,
incorporating
supporting
evidence and
adhering to
organizational,
professional, and
scholarly writing
standards

Conveys clear purpose, in a tone
and style well-suited to the intended
audience. Supports assertions,
arguments, and conclusions with
relevant, credible, and convincing
evidence. Exhibits strict and nearly
flawless adherence to
organizational, professional, and
scholarly writing standards,
including APA style and formatting.

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