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Agenda? Introductions? ProjectObjectives? ProjectSteps? ProjectTimeline? Q&A? PositionInformationQuestionnaireAddendum專業(yè).....Agenda? Introductions專業(yè)..AbouttheHayGroup? GlobalHumanResourcesManagement
ConsultingFirm? 2,000EmployeesWorldwide? 9,000ClientsinVariousIndustries? PartnerswithClientstoImplementHumanResources StrategieswhichAlignwithBusinessObjectives? LeaderinCompensationAssessmentandDesign 專業(yè).....AbouttheHayGroup? GlobalHuProjectObjectivesAssessNewJerseyInstituteofTechnology’scurrentpositionclassificationprogramandmakerecommendationstoensurethatitenablespayinanequitableandcompetitivemanner.NJIT’scurrentclassificationprogramhasnotbeenformallyreviewedinanumberofyears…concernshavedevelopedabout:comparabilityofrolesandjobvalueacrosstheorganization,turnoverincertainareas,andtheincreasingcomplexityofwork.專業(yè).....ProjectObjectivesAssessNewJProjectObjectivesBenchmarksampleof80positions(bothalignedandnon-aligned)selectedtoencompassarepresentativesampleoftitlesandjoblevelsinthefollowingfunctionalareas:
FinanceandBudgetNorthJerseyTransportationPlanningAuthorityInformationTechnology專業(yè).....ProjectObjectives專業(yè)..ProjectObjectivesRecommendmodificationstothedesignofthecurrentprogramtoensurethatpaystructure:Reflectsjobvalueandcontribution
inaconsistentmethodologyAchievesdesiredandappropriately
competitivemarkettargetsNote:Therewillbenoreductionsinpayasadirectresultofthisstudynordoweanticipatewholesaleincreasesincompensationlevels.專業(yè).....ProjectObjectives專業(yè)..Step1:ConductEmployeeOrientationSessionsTwosessionstofamiliarizeNJITemployeeswiththeobjectivesandstepsintheprocess,answerquestionsanddistributepositioninformationquestionnaires.專業(yè).....Step1:ConductEmployeeOrieI:/GKN0524.pptStep2:ConductInterviewsInterviewswillbeconductedwiththedefinedareaDivisionHeadsandHumanResourcestounderstandNJIT’s:MissionandStrategiesJobRolesandChallengesCompensationPhilosophyandIssuesCurrentPayStructuresandProcesses專業(yè).....I:/GKN0524.pptStep2:ConductStep2:ReviewandUpdateJobDocumentationClassificationandcorrespondingcompensationparametersshouldbelinkedtojobcontent-inordertofairly“size”thebenchmarkpositionsatNJIT: Employeeswillcompleteaposition informationquestionnairetoprovide currentinformationonjob accountabilities,requirementsand competencies. Managerswillreview,commenton andapprovethecompleted questionnaires.NewJerseyInstituteofTechnologyExpertiseNewJerseyInstituteofTechnologyPositionInformationQuestionnaire專業(yè).....Step2:ReviewandUpdateJobStep3:EvaluateJobsHaywilltrainacommitteecomprisedofNJITemployeesinHay’sproprietaryjobmeasurementmethodology.Committeememberswillincludeseniormanagementandselectrepresentativesfrom:? HumanResourcesNJITcurrentlyusesajobmeasurementapproachthatissimilartoHay’smethodology.專業(yè).....Step3:EvaluateJobsHaywillStep3:EvaluateJobs(Cont’d)AsubsetoftheCommitteewillworkwithHaytoevaluatethebenchmarkpositionsoverafourdayperiod.Hay’sfacilitationwillensure:AnobjectiveprocessisappliedtoalljobsEvaluationsareconsistentwithexternalreferences andstandards專業(yè).....Step3:EvaluateJobs(Cont’dStep3:EvaluateJobs(Cont’d)QualityControl….TheCommittee’sevaluationswillthenbereviewedwiththeDivisionHeadstoensurethattherelativeimportanceofjobshasaccuratelybeenreflected.專業(yè).....Step3:EvaluateJobs(Cont’dStep3:EvaluateJobs(Cont’d)Hay’sMethodologyisthemostwidelyusedprocessintheworld:? Measuresjobstoreflecttheirrelativeweightin
theorganization? Providesmeanstoassesspayacrossdifferent market/functions? Evaluatesjobsandnotpeople? Notbasedonperformance,title,writingskills orcurrentsalary專業(yè).....Step3:EvaluateJobs(Cont’dHay’sJobEvaluationMethodologyvaluesalljobsagainstthreefactors:Know-HowProblemSolvingAccountabilityStep3:EvaluateJobs(Cont’d)專業(yè).....Hay’sJobEvaluationMethodoloKnow-How-thesumtotalofknowledge,howeveracquired,necessaryforcompetentjobperformance:TechnicalKnow-HowManagerialKnow-HowHumanRelationsSkillsStep3:EvaluateJobs(Cont’d)專業(yè).....Know-How-thesumtotalofknProblemSolving-theamountoforiginal,“self”starting”thinkingrequiredtoanalyze,evaluate,createandmakeconclusions:ThinkingEnvironmentThinkingChallengeStep3:EvaluateJobs(Cont’d)專業(yè).....ProblemSolving-theamountoAccountability-thelatitudetotakeactionandcommitresourcesandthemeasuredeffectofthejobontheorganization:FreedomtoActImpactonEndResultsMagnitude(MonetaryValueofImpact)Step3:EvaluateJobs(Cont’d)專業(yè).....Accountability-thelatitudeTheresultofthejobevaluationprocessisarankingofpositionsfromtoptobottom:Step3:EvaluateJobs(Cont’d)專業(yè).....TheresultofthejobevaluatiStep4:ConductInternalEquityAnalysisInternalconsistencyofpaylevelscanbeassessedbymatchingdollarstopoints:BaseSalaryPracticeInternalEquityAssessment$Points專業(yè).....Step4:ConductInternalEquiStep5:ConductMarketPricingAnalysisNjit’spaylevelswillthenbecomparedtoappropriatecompetitivemarketse.G.,Regionalcompanies,educationsector,notforprofits...AnnualDollars(000’s)ClientPoints140120100806040200024048072096090thPercentile75thPercentileABCPayPracticeAverage25thPercentile10thPercentile專業(yè).....Step5:ConductMarketPricinHaywillprepareafinalreportoffindingsandrecommendationsforNJITExecutivesandHumanResourcesthatwillcover:AssessmentofinternalequityResultsofmarketpricinganalysisAdjustmentstoclassificationand/orcompensationstructureCostofimplementingchangesImpactofchangesoncurrentprocessesandbargainingagreementsHaywillreviewtheresultsofthestudywithNJITHumanResourcesandDivisionHeadsfromtheBenchmarkgroups.Step6:PresentReport專業(yè).....HaywillprepareafinalreporOnceNJIThashadtheopportunitytoreviewHay’sreport,NJITwillpresentasummaryofthefindingsandrecommendationstoallemployeesinvolved/impactedbythestudy.Step7:ProvideFeedbacktoEmployees專業(yè)..
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