ASSIGNMENT

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School

University of Alabama, Birmingham *

*We aren’t endorsed by this school

Course

411

Subject

Industrial Engineering

Date

Dec 6, 2023

Type

png

Pages

1

Uploaded by SuperResolveMoose7

Report
@& Preview File Edit View Go Tools Window Help Q &K+ & ThuNov 16 3:16 PM Page 1 of 3 This phase of your compensation project deals with individual equity. Use the Information Systems Technician (IST) for this phase. There are 5 individuals in this job. We will identify them as IST1, IST2, IST3, IST4, and ISTS. The data for this project is provided below. Your task is to allocate pay increases. Show the location of these 5 information systems technicians in the pay grade before and after the raise. Individual Salary Performance # years with org. # years in job sex IST1 90X 4 2 1 IST2 Ix 5 3 2 F IST3 X 5 2 1 F IST4 1.05x 4 2 2 F IST5 1.4x 3 3 3 Note: x is the midpoint of the grade that the Information Systems Technician positions fall in within your pay system that will be described below. Performance was rated on a 1 to 5 scale with scale points of 1 very poor, 3 average, and 5 very good. lvideo, is monitored. Data on grade in which the ISTs fall (data provide in monthly salary amounts) Grade midpoint: $3200 Grade minimum: $2880 Grade maximum: $3520 Pay Raise System The pay raise system is a Performance and Position in Grade system
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