Dissertation Writers: What are the relevant markets that each of MPBS’s major occupational groups should be compared to
•What are the relevant markets that each of MPBS’s major occupational groups should be compared to? •Should MPBS lead, match, or follow competitors? Why? •How will decisions on external competitiveness help MPBS align compensation policies with mission and strategy? •Why is it important and is it worth the effort and cost for MPBS to bother with specifying pay grades and pay ranges? •If pay grades are used, is it better to have few or more grades? •How should the ranges vary by job type and level? •How much overlap should be built into the grade ranges? •In what ways might the plan MPBS develops and the related compensation policies impact job performance? To complete this assignment, write a 5–7 page report in Word format and provide rationale and scholarly support. Apply APA standards for writing style to your work. By the due date assigned, deliver your assignment to the Submissions Area. Assignment 2 Grading Criteria Maximum Points Developed compensation mission statement and objectives that aligns the compensation plan to the company’s mission and strategy 20 Determined the relevant markets for each major occupational group. 16 Rationalized whether MPBS should lead, match, or follow competitors and why. 16 Examined how decisions on external competitiveness will help MPBS align compensation policies with mission and strategy. 16 Explained why it is important and worth the effort and cost to specify pay grades and pay ranges. 20 Determined whether it is better to have few or more pay grades. 16 Assessed how the ranges should vary by job type and level. 16 Explained how much overlap should be built into the grade ranges. 16 Evaluated the ways in which the plan and related compensation policies might impact job performance. 20 Written Components: Organization (12) Usage and mechanics (12) APA elements (16) Style (4) 44 Total: 200 Attachments Submissions
