RESPOND TO STUDENTS POST
My feelings regarding the traditional salary structure are that it has its advantages. It makes centralization easier. It provides a set of criteria for determining if individual physicians or managers are overpaying their employees. It also simplifies planning and makes salary spending more predictable. Employees can be promoted from one pay grade to another under traditional structures, which use a hierarchical framework. Simplified Pay Bands are a sort of pay scale meant to provide employers more freedom in how much they pay their employees. The purpose of Pay Banding is to allow supervisors to reward higher levels of performance. My thoughts on the salary structure have not changed after this exercise. I agree with the traditional salary structure.
The advantages of using salary bands are they provide flexibility regarding how the employee is paid, and it helps with budgeting. The band maintains a level of consistency. Companies can use a compensation range to compensate employees consistently for the job they do in a certain role. The disadvantages of salary bands are budgetary considerations. The government’s costs will rise because of pay bands. Managerial incompetence. Some readers speculated that their agency’s managers would be bad at making performance-related pay decisions in pay-banding systems because they are bad at making decisions in general.
When compared to simplified pay bands, traditional salary structures seem as though they could be more limiting for rapid pay growth in a company. As found in an article posted on SHRM.org (Culpepper and associates, 2009), 71% of companies surveyed utilize formal salary ranges for their base pay. This indicates that this is still the primary structure for many companies, however does not indicate whether this is due to a resistance to progression or the belief that the process is better than simplified pay bands. I did not find that this exercise assisted me in making a finite decision in regards to salary structures, but additional research on the matter did clarify some important factors. Firstly, in an article published on Lattice.com “What are Salary Bands” (Przystanski, 2021), the author identifies positive features of a salary band, such as the improved certainty that is brought to payroll. Additionally, these bands allow room for a company to give unplanned rewards to upcoming employees/talent. Przystanski also makes the point that employees will have a better understanding of the possibilities available to them (i.e., with a range of 50K-70K, an employee who starts at 50K would know what they are able to work towards) as opposed to traditional structures, where the pay increase with a promotion may not be disclosed. As was noted in the exercise, advantages to Salary bands can include: efficiency, competitiveness, alternatives to compensation. There is the risk that this practice can be implemented incorrectly, in which case it could create unexpected consequences, negative employee perception and possibly weaken employment protections.
After doing the self-evaluations I am motivated by fairness and good working conditions. My previous job I noticed there was a lot of un-fairness and inappropriate actions done by my district manager. For example, I was acting manager while my manager was on approved time off, I was not paid additionally for being acting manager for almost 2 weeks, nor did I have any additional training. About a week in I got really sick and had to call out of work and my district manager yelled at me and said “how inconvenient”, “how ridiculous”, and he couldn’t “believe that I was waisting his time with this phone call.” (Mind you I was already at work and told him I could stay for the rest of my 9 hour shift and I just needed the next days shift covered). I will never again work for a company who treats me like that ever again, and my self assessments both reflect that this week. I believe that employees do so much for the company especially the people on the low end of the totem pole, and they need to be appreciated for hard work and treated nicely otherwise the company would suffer. Of course, they should not be given any special treatment or anything, when there needs to be discipline when there should be discipline, however being verbally abused by someone who is supposed to support you is not okay. A manager is someone who isn’t just a person who gets to tell you what to do, it is someone who gets to demonstrate, guide, and lead a team of employees to success. In conclusion, my motivation is being lead by someone who respects me, doesn’t look down on me, communicates with me, and will provide me a healthy work environment.
The personality measurement reveals that I scored low on extroversion, meaning I fit better in the office duties that do not require much socialization. Also, I scored high on agreeableness, meaning I am an easy person to work with. Additionally, I am highly motivated to meet the set goals, which leads to a high conscientiousness rating. The tests further reveal that I am highly dependable, leading to success in my job performance. However, I scored low on emotional stability, meaning I do not entirely control my feelings. At the same time, I can be described as highly intelligent and open-minded. It can be noted that I scored high in two of the three dimensions that greatly influence success in one’s work performance. In addition, I agree with my week 2 and 3 assessments on my personality. Conscientiousness is the dimension that highly relates to job performance since the individual tends to be goal-oriented (Lim, 2020). Since I scored high in the dimension, I need to work on my introversion if I want to become a leader. Further, I agree that my organization has a good diversity climate since it accommodates minorities.
share your experience with psychological testing and assessment. Also, share why you are taking this course and what course content you are most looking forward to examining.