Exhibit 6.1 (Many Ways to Create Internal Structure) in your text compares and contrasts a person-based salary structure with a job-based salary structure. One is set in a strategy that rewards required skills and the other on the job being performed.
In this assignment, you will analyze two jobs as your examples.
Complete the following for each job:
Be sure to include citations for information obtained from at least two outside resources. Explain how each reference supports the advantages and disadvantages of the selected pay structure. Use a format similar to the example below:
Job Title: (For example, elementary school teacher.)
Pay Structure: (For example, person-based structure.)
Rationale: In this section, explain why you believe this is the appropriate structure for this type of job.
Advantages and Disadvantages: In this section, explain the advantages and disadvantages of the person-based structure from both the perspective of the employee and the organization.
Milkovich, G. T., Newman, J. M., & Gerhart, B. (2013). Compensation (11th ed.). New York, NY: McGraw-Hill/Irwin.
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