How To: Determine Pay And Do A Job Evaluation ExercisePosted in : How To... with Dr. Gerry McMahon on 5 February 2020
Pay is at the heart of all employment relationships. It is often the key reason that people join organisations. It can also be the key reason that people leave organisations. And it is often the key reason determining whether staff feel valued and give of their best or feel undervalued and give as little as they can get away with.
Likewise, from the employers’ perspective, it is common to carefully structure the pay system in a manner that shows they value staff and enables them to give of their best (e.g. via performance-related pay). Or at the other extreme, they may pay as little as they can afford or even get away with.
This array of decisions is normally the product of strategic
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