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Compensation program A compensation program encompasses m

the heart of the business and consists of programmers and systems analysts, who also serve as sales representatives. Manufacturing workers include electronic technicians and both permanent and part-time assemblers. The clerical functions are handled by an administrative assistant and shipping clerk.

As the company grows, the most growth will bein the knowledge worker and manufacturing areas, with some clerical support added. Additions to management will be kept to a minimum, with promotions from among current workers offering both career paths and an opportunity to build on internal expertise.

Relevant Job Market and Job Analysis

The job market for any company begins with the immediate geographic area in which it makes its hiring decisions. However, not all potential employees in that area will be appropriate for the jobs that any company has. At XXX, the recruitment process must first begin with an understanding of the tasks that need to be performed. To some degree, that has already been accomplished through the establishment of job titles. In order to find the best qualified people for the company, XXX must use job analysis techniques to determine the specific type of programmers and systems analysts that it needs, and the specific type of assemblers and electronic technicians. This can be accomplished by building on the expertise of the owner and senior executives, who have experience in the industry, and by conducting task inventories of current employees.

Based on the information gained from this job analysis, the company can build accurate job designs for each position and seek individuals with the skills and talents necessary to fulfill these positions. From this standpoint, this effectively narrows the relevant job market to companies that perform similar functions and have similar people employed. At this time, XXX becomes a purchaser of labor, and a competitor for that labor with similar companies in the...

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Compensation program A compensation program encompasses m. (1969, December 31). In LotsofEssays.com. Retrieved 09:55, April 28, 2024, from https://www.lotsofessays.com/viewpaper/1692636.html