Job Size and Job Shape

Introduction The job’s size and shape serve as starting points for many job evaluation applications. It is the same for Hay Job Evaluation methodology. Job Size (Job Value) In the Hay job evaluation methodology, job size is determined by the total of the factor point values for Accountability (ACC), Know-How (KH), and Problem Solving (PS).

Equity in Compensation and Benefits Management

Introduction The concept of equity is a fundamental concept in compensation and benefits management. An example is before you make an job offer to a prospective employee (job applicant), you want to check if your salary offer not only meets the candidate’s expectations; falls within the appropriate salary range quartile but also whether it is

Hay Guide Chart for Accountability

Disclaimer The Hay Job Evaluation Methodology is a proprietary methodology. You would need permission from the owner of this tool to use it. I document it here for human resource practitioners who for various reasons wanted to know how it works (education purposes). What is Accountability? Accountability is defined as the answerability for an action

Sample Policy: Mid-Year and Year-End Bonus

1.Purpose This policy covers both the compensation management and payroll administration for the Mid-Year Variable Bonus and Year-End Variable Bonus. 2.Operating Units and / or Locations Covered All business units of COMPANY operating in Asia Pacific 3.Scope This policy applies to all full time permanent and fixed term contract staff. 4.Responsibility The Human Resource Department

Hay Guide Chart for Problem Solving

Disclaimer The Hay Job Evaluation Methodology is a proprietary methodology. You would need permission from the owner of this tool to use it. I document it here for human resource practitioners who for various reasons wanted to know how it works (education purposes). What is Problem Solving? Problem solving refers to “self-initiated” thinking required for