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Internal Alignment

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0% found this document useful (0 votes)
42 views10 pages

Internal Alignment

Uploaded by

CherianXavier
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

Internal alignment

What is internal alignment?

Internal alignment often called internal


equity refers to the pay relationships among
different jobs/skills/competencies within a single
organization.

These relationship leads to the formation of a


pay structure.
Objectives of internal alignment

• Supports organizations strategy


• Supports workflow
• Motivates behavior
• Fair to employees
3-4

Compensation Strategy:
Internal Alignment

Support organization
strategy

Support work flow


Compensation
strategy
should . . .
Support fairness

Motivate behavior

McGraw-Hill/Irwin © 2005 The McGraw-Hill Companies, Inc. All rights reserved.


What is a pay structure?

Pay structure refers to the array of pay rates


for different work or skills within a single
organization.
3-6

Internal pay structure


A internal pay structure is defined by
Number of levels of work
Pay differentials between levels
Criteria used to determine levels and differentials
Content - Work performed in a job and how it gets done
Value - Worth of the work: its relative contribution to
objectives
Job- and person-based structures

McGraw-Hill/Irwin © 2005 The McGraw-Hill Companies, Inc. All rights reserved.


CEO

GM

SM 1 SM 2 SM 3 SM 4 SM 5
3-8

Strategic Choices in Designing


Internal Structures

Tailored versus Loosely Coupled

Egalitarian versus Hierarchical

McGraw-Hill/Irwin © 2005 The McGraw-Hill Companies, Inc. All rights reserved.


3-9

Tailored versus Loosely Coupled

o Closely tailored structures are appropriate for well-defined jobs with detailed tasks or steps to
follow and relatively small differences in pay.

o Loosely coupled structures are appropriate for differentiation business strategy that emphasizes
constant product innovation and short product-design.

McGraw-Hill/Irwin © 2005 The McGraw-Hill Companies, Inc. All rights reserved.


3-10

Egalitarian versus Hierarchical


Egalitarian structures operate on the belief that all employees should be treated equally
in their pay
• Fewer levels and smaller differentials between adjacent levels and between highest-
and lowest-paid workers
• ‘Averagism’ brings to light that equal treatment can mean more knowledgeable
employees feel underpaid

Hierarchical pay structures


It values differences in work content, individual skills, and contributions to the
organization
Multiple levels include detailed descriptions of work done at each level

McGraw-Hill/Irwin © 2005 The McGraw-Hill Companies, Inc. All rights reserved.

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