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New compensation system

Think of joining a growing company with an employee mix of High Tech engineers and High School Diploma Construction, non-union, craft workers (i.e. welders, carpenters, etc) in addition to support employees of all levels (administrators). Your job is assuming the newly formed role as the compensation manager.

The managers of the craft workers seem to want a more egalitarian compensation system and teamwork is an important component of accomplishing the client's project.

The managers of the Engineers and Administrators appear to lean towards a more hierarchal compensation approach to personal acquired knowledge both in the classroom and on the job determines salary and promotions.

In preparing the new compensation system for the company, do you have a hierarchical approach or an egalitarian one? Or would you have both for the two employee populations? Why? Can you relate real world experience?

As the new compensation manager, you have been tasked to develop job descriptions and a job map of the company's employment positions. Your starting point is job descriptions and job families that have not changed in 20 years.

How do you justify to the board of directors the expense of undertaking a review and implementation of new, updated job descriptions? Is there a cheaper alternative? Can you share any real world experience?

Solution Preview

The job description of a High Tech engineers: should produce logic, diagram, control narratives and wiring diagram, produce equipment commissioning documents, determine and specify instrumentation and control required to monitor the mechanical process and electrical systems. Perform inspections of equipment, specify and assess distributed control system, and have experience with power distribution systems, emergency power distribution system and associated power distribution systems. High Tech engineers are responsible for designing, testing, and building systems that are productive and safe to operate and economical to maintain. The High Tech engineers must have the expertise to design systems and research methods to manufacture them economically. Our products are used in several industries like the metals, mining, textile and automotive industry. The High Tech engineers must determine the needs of each application and customize the systems accordingly. The High Tech engineer must have at least a bachelor's degree in engineering. He may have a degree in mechanical, manufacturing, electrical, or industrial engineering.

The job description of a High School Diploma Construction, non-union, craft worker, say a welder is as follows. He lays down the positions, and secures the parts and assemblies according to ...

Solution Summary

New compensation system is discussed very comprehensively in this explanation..