Job Analyis & Compensation

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Group 3: Final Paper HRMD 640 – Job Analysis & Compensation Jennifer Kreller Charlene Litzsey LeDonna Marine-Nichols Nicholas Peabody Grace Powell April 23, 2011 Instructor: Arthur Graziano Throughout the course of this semester, compensation systems and methods have been evaluated to determine how the compensation processes are utilized to attract and retain employees. Compensation is not only a monetary benefit, but also includes indirect benefits such as insurance, paid time off, disability leave, etc. Both direct and indirect benefits make up a compensation package. Within this paper, similar positions from the private, public, and military sectors have been evaluated with like…show more content…
8. Establishing long-range objectives and specifying the strategies and actions to achieve them. 9. Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts. KNOWLEDGE, SKILLS AND ABILITIES RQUIRED: 1. A Bachelor’s degree in a related field. A Master’s graduate degree is preferred but not required. 2. Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications. 3. Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data. 4. Experience in administration and management. 5. Experience in complex problem solving and decision making. 6. Experience in management of financial resources. JOB CONTEXT: Normal office environment with little exposure to excessive noise, dust, temperature and the like. Telephone and personal contact with others available. May require hours outside of the 9:00 am to 5:00 pm workday. *The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of essential functions, responsibilities or requirements. Comparable Worth Salary Survey: CFO Company # of Job Incumbents Base Pay (Avg) A 1 $71,000 B 1 $104,500 C 1 $160,700 D 2 $166,400 5 Weighted Mean: $133,800 Job Evaluation Points:

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