Question
Step 1. Choose a list of compensable factors for this finance (or accounting) job family. You may use any factors you believe to be appropriate,
Step 1. Choose a list of compensable factors for this finance (or accounting) job family. You may use any factors you believe to be appropriate, given what you know about the jobs. Choose no fewer than four and no more than seven compensable factors. Describe the factors clearly and justify your decisions.
Step 2. Scale the compensable factors. Be specific about what you mean for each degree on the scale. (e.g., Do not say for the compensable factor writing ability: 1. Low, 2. Medium 3. High. Rather, specific for example, 1. Writing simple sentences . Writing ability does not need to be a compensable factor.)
Step 3. Weight each compensable factor based on its relative importance and justify your weights. For example, why is the compensable factor strength worth 3X as much as technical ability? Strength and technical ability need not be compensable factors in this case.
Step 4. Display summary tables of the compensable factors and weights
Step 5. Apply the system you have created to each of the four jobs in this case. Justify your choices of each of the #s of points. For example, why did you choose to assign 100 job evaluation points to the compensable factor strength for the Manager in Financial Accounting job? Strength does not need to be a compensable factor.
For this assignment, lets assume that Corporate Financial Accounting Department, which its primary function is to plan, oversee and implement accounting activities at the corporate level, exists in your organization. Assume that there are four jobs in this department. The four jobs are Accounting Clerk, Manager in Financial Accounting, Manager in Corporate Social Responsibility Accounting, and Department Head in Financial Accounting. In this assignment, you are asked to evaluate jobs within the Corporate Financial Accounting Department
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