Alternative Pay Progression Strategies: Broadbanding Applications - Softcover

Management, United States Office Of Personnel; Service, Human Resources Systems; Workforce Performance, Office Of Employee Relations And

Softcover

ISBN 10: 1478140690 ISBN 13: 9781478140696

Publisher: CreateSpace Independent Publishing Platform, 2012

Synopsis

As an organization delayers its structure, establishes work teams, and embraces quality initiatives, it also may consider realigning its pay and classification system to support and promote these changes. Broadbanding is one vehicle for moving these changes forward. This report, Alternative Pay Progression Strategies: Broadbanding Applications, begins by reviewing some basic aspects of compensation and broadbanding that will help clarify further discussion on pay progression strategies. (The term “pay progression” refers to how the pay rates of individual employees will be adjusted over time). The report presents three categories of pay progression strategies: 1) time-based, 2) performance-based, and 3) development-based. These strategies can be used singly or in combination. How an organization applies them depends on its culture, environment, work structure, and its overall goals and strategic plans. The description of each category includes: a) organizational characteristics best suited for implantation; b) methods for determining the amount of a pay adjustment; c) advantages and disadvantages; and d) examples of the pay progression strategy in practice. The effects of combining the strategies are also discussed. ~

About this edition

• Publisher: CreateSpace Independent Publishing Platform
• Publication date: 2012
• ISBN 10: 1478140690
• ISBN 13: 9781478140696
• Binding: Paperback
• Number of pages: 32