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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Week 3 Crunch the Numbers

Week 3 Crunch the Numbers

Q Week 3: Crunch the Numbers The assignment links below will prompt you to make a "Make a copy" which will save it to your DU Google Drive. After the document opens, click on the title "Copy of Assignment..." located in the upper left-hand corner and rename it with your Last Name, CTN #. Crunch the Numbers #6, #7, & #8 Directions for Submission From within the Google document, click on "File>Download as..." and select PDF Document (.pdf). This will download the document in that format to your local device where you will be able to submit it to this assignment link. Preview the document before submitting to ensure it downloaded accurately. Submit by Day 7, 11:59pm ET. Review the Course Calendar for specific due dates for this assignment.

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This chapter discusses the principles of internally consistent compensation systems and the practices that establish them. The point method system assigns point values to jobs based on the degree of compensable factors that define them. When job evaluation is conducted correctly, jobs with higher point totals will be valued (in terms of average market pay rates) more highly than jobs with lower point totals. The following list shows five jobs and each job’s point total. Let’s assume that the average market pay rate for the associate manager job is $50,000 and it is being used as the frame of reference for determining the rates for the remaining jobs on the list.