Set the LEVELS into the 500 points to establish a scoring matrix for future evaluations. Compensable Factor Skill Working Conditions Responsibility FOTOALETASKEFIMOS deconta 1 30 10 40 20 100 LEVELS 1 TO 5 2 3 4 5 60 90 120 150 20 30 40 50 80 120 160 200 40 60 80 100 200 300 400 500 Effort Total points TLVO Next we need to set up a pay schedule. We need a salary survey that will help us establish what the market is paying for Accounts payable positions. With our salary survey we can set a minimum rate of pay and then work our way to the top of the pay scale. The salary survey will represent the business you are in by looking at participating organizations by Industry, organizations reporting by region, participating organization by scope or sales revenue, and finally the number of people in the organizations who completed the survey. Pay Schedule based on Salary Survey data. SED TO USING THE SALARY SURVEY The survey contains valuable data that will be used to position your company in the market. There will be data that helps identify how the survey best reflects the business you are in. The closer the comparison by sector, revenue, employees the better. For this exercise we will discuss the information provided above and use the pay data to create a PAY CHART 1. Jobs are identified by words not a title. 2. Jobs are classified by grades, generic grades such as; entry level, intermediate level and senior level. 3. The survey provides data at each level. 4. The P50 pay schedule reflects the average paid for this work. 5. Companies can choose where they want to pay against the salary survey. 6. The company will choose the city the best reflects where they do business and may choose the P50 pay grade or a pay grade that best meets their pay program. Set the LEVELS into the 500 points to establish a scoring matrix for future evaluations. Compensable Factor Skill Working Conditions Responsibility FOTOALETASKEFIMOS deconta 1 30 10 40 20 100 LEVELS 1 TO 5 2 3 4 5 60 90 120 150 20 30 40 50 80 120 160 200 40 60 80 100 200 300 400 500 Effort Total points TLVO Next we need to set up a pay schedule. We need a salary survey that will help us establish what the market is paying for Accounts payable positions. With our salary survey we can set a minimum rate of pay and then work our way to the top of the pay scale. The salary survey will represent the business you are in by looking at participating organizations by Industry, organizations reporting by region, participating organization by scope or sales revenue, and finally the number of people in the organizations who completed the survey. Pay Schedule based on Salary Survey data. SED TO USING THE SALARY SURVEY The survey contains valuable data that will be used to position your company in the market. There will be data that helps identify how the survey best reflects the business you are in. The closer the comparison by sector, revenue, employees the better. For this exercise we will discuss the information provided above and use the pay data to create a PAY CHART 1. Jobs are identified by words not a title. 2. Jobs are classified by grades, generic grades such as; entry level, intermediate level and senior level. 3. The survey provides data at each level. 4. The P50 pay schedule reflects the average paid for this work. 5. Companies can choose where they want to pay against the salary survey. 6. The company will choose the city the best reflects where they do business and may choose the P50 pay grade or a pay grade that best meets their pay program
