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AgendaProjectObjectivesProjectObjectivesProjectObjectivesStep1:ConductEmployeeOrientationSessionsI:/GKN0524.pptStep2:ReviewandUpdateJobDocumentationStep3:EvaluateJobsStep3:EvaluateJobs(Cont’d)Step3:EvaluateJobs(Cont’d)Step3:EvaluateJobs(Cont’d)Hay’sJobEvaluationMethodologyvaluesalljobsagainstthreefactors:Know-HowProblemSolvingAccountabilityKnow-How-thesumtotalofknowledge,howeveracquired,necessaryforcompetentjobperformance:TechnicalKnow-HowManagerialKnow-HowHumanRelationsSkillsProblemSolving-theamountoforiginal,“self”starting”thinkingrequiredtoanalyze,evaluate,createandmakeconclusions:ThinkingEnvironmentThinkingChallengeAccountability-thelatitudetotakeactionandcommitresourcesandthemeasuredeffectofthejobontheorganization:FreedomtoActImpactonEndResultsMagnitude(MonetaryValueofImpact)Theresultofthejobevaluationprocessisarankingofpositionsfromtoptobottom:Step4:ConductInternalEquityAnalysisStep5:ConductMarketPricingAnalysisHaywillprepareafinalreportoffindingsandrecommendationsforNJITExecutivesandHumanResourcesthatwillcover:AssessmentofinternalequityResultsofmarketpricinganalysisAdjustmentstoclassificationand/orcompensationstructureCostofimplementingchangesImpactofchangesoncurrentprocessesandbargainingagreementsHaywillreviewtheresultsofthestudywithNJITHumanResourcesandDivisionHeadsfromtheBenchmarkgroups.OnceNJIThashadtheopportunitytoreviewHay’sreport,NJITwillpresentasummaryofthefindingsandrecommendationstoallemployeesinvolved/impactedbythestudy.ProjectTimeline
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