Traditional Bases for Pay Chapter #4. Seniority and Longevity Pay Length of service Human capital.
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Transcript of Traditional Bases for Pay Chapter #4. Seniority and Longevity Pay Length of service Human capital.
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Traditional Bases for Pay
Chapter #4
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Seniority and Longevity Pay
Length of serviceHuman capital
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Merit Pay #81
Rewards differences in performanceWhat does it take to
◦make merit pay ◦systems be effective?
◦Meaningful increases◦Clear Performance standards◦Performance appraisals
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Historical Overview #77
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What do you think?
Effectiveness of Seniority Pay Systems
12% US workforce (declining)There is no research that demonstrates
the effectiveness of seniority pay systems Does it reduce turnover?
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Design of longevity pay systems
Federal Employees General ScheduleRewards ees who have reached pay
grade limits. (GS)Look #80What are advantages toSeniority based pay?But what about incentives?Motivation?Competition?
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Performance Appraisals
Types of Appraisal Plans
Trait System Look #84 Advantages
Easy to quantify
Disadvantages◦Subjectivity
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Comparison Systems
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Comparison Systems Forced Distribution Paired comparisons
Behavioral Systems Critical incident techniques Behaviorally anchored rating scales (BARS) Behavioral observations scale (BOS) Management By Objective (MBO)
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Four Activities to Promote Nondiscriminatory Appraisal Practices
1. Job Analysis2. Structure Rating instrument3. Train supervisors adequately4. Formal appeals mechanism
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360 Degree Performance Appraisals
(Class Demonstration)
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Rating Errors in the Performance Process
Bias errorsFirst impression effectHalo effectSimilar to me effectContrast errorsCentral tendency errorsLeniency errorsStrict errors
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Class Exercise
Using Yahoo: go to federal government’s General Schedule by clicking on the advance search link. Type in “general schedule”
Using Yahoo: Type IOMA Institute of Management and Administration. www.ioma.coma Do you think this site may be helpful to you? How?