Create a Point Method system for evaluating all jobs. Evaluate these jobs within the organization. Explain the methodology
for all the following with the data given
Develop a benefit budget. Project the costs for each benefit program included in your plan.
· What are the projected increases to the cash compensation and benefits budget for the next 3 years? 30% for the compensation.
· Will the company be able to maintain the sales/income increases to support your proposed pay increases annually? How/why?
o Consider / address the percentage of sales/income for the organization in year 1 through year 3. You are not required to project the company sales/income volume but address the guiding principles of total revenue to cost of compensation / benefits the organization will need.
Point Factor Values
Compemsable factor Weight 1 2 3 4 5 Min Points Max Points
Responsibilities 20% 50 100 150 200 250 50 250
Working Conditions 15% 25 75 100 150 25 150
Physical effort 10% 20 40 60 80 0 80
Guidelines 10% 30 60 90 120 30 120
Customer Service 20% 50 100 200 250 300 50 250
Knowledge 25% 25 60 100 150 50 150
100% 205 1000
Titles
Software Engineering Deparment
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