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Week 3

Table of Contents

  1. Chapter 6: Building Internally Consistent Compensation Systems
  2. Learning Objectives (Chapter 6)
  3. Internal Consistency
  4. Internally Consistent Compensation Structure 1/2
  5. Internally Consistent Compensation Structure 2/2
  6. Tools for Building Job Structures
  7. Job Analysis
  8. Worker Requirements
  9. Working Conditions
  10. Job Analysis Process
  11. Job Analysis Data Gathering Methods
  12. Job Analysis Units
  13. Job Analysis Units (cont'd)
  14. Standard Occupational Classification System (SOC)
  15. Sources of Data
  16. Reliable and Valid Job Analysis Methods
  17. Writing Job Descriptions
  18. Worker Specifications
  19. Equal Employment Opportunity Commission (EEOC)
  20. Equal Employment Opportunity Commission (EEOC) (cont'd)
  21. Legal Considerations
  22. ADA Guidelines Essential Job Functions
  23. Job Evaluation
  24. Universal Compensable Factors
  25. Job Evaluation Process Steps
  26. Two Examples of Job Evaluation Techniques
  27. The Point Method
  28. Point Method Steps
  29. Job Evaluation Qualitative Approaches
  30. Internally Consistent Compensation Systems and Competitive Strategy
  31. Appendix (for LO 6-2)
  32. O*NET Categories
  33. O*NET Content Model
  34. Experience Requirements
  35. Occupation Requirements
  36. Occupation-Specific Requirements
  37. Workforce Characteristics
  38. Worker Requirements and Characteristics
  39. O*NET Content Model: Worker Characteristics (sample of full list)
  40. O*NET Content Model: Worker Requirements (sample of full list)
  41. Using O*NET
  42. Copyright (Chapter 6)
  43. Chapter 7: Building Market-Competitive Compensation Systems
  44. Learning Objectives (Chapter 7)
  45. Market-Competitive Pay Systems
  46. Market Competitive Pay Systems
  47. Four Activities of Market Competitive Pay Systems
  48. Four Activities of Market Competitive Pay Systems (cont'd)
  49. Preliminary Considerations
  50. Competitors' Pay Practices
  51. Custom Developed Surveys
  52. Published Survey Sources 1/2
  53. Published Survey Sources 2/2
  54. U.S. Bureau of Labor Statistics Surveys
  55. Compensation Cost Trends
  56. National Compensation Survey 1/2
  57. National Compensation Survey 2/2
  58. Compensation Surveys
  59. Relevant Labor Market
  60. Benchmark Jobs
  61. Job Leveling
  62. Sample Compensable Factor and Point-Level Definitions
  63. Leveling Instructions and Points
  64. Survey Data Characteristics
  65. Summarizing Survey Data
  66. Central Tendency
  67. Mean
  68. Variation
  69. Quartile
  70. Updating Survey Data: Consumer Price Index (CPI)
  71. Integrating The Internal Job Structure With External Market Pay Rate
  72. Regression Analysis 1/2
  73. Regression Analysis 2/2
  74. Setting Pay Rates
  75. R2
  76. Compensation Policies and Strategic Mandates
  77. Pay-Level Policies
  78. Pay Mix Policies
  79. Pay Mix Policy Example
  80. Copyright (Chapter 7)

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Regression Analysis

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7-72

Y hat= a+bX

Y hat

LO 7-3

LO 7-3

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