A practical guide to competency-related pay
Author(s)
Bibliographic Information
A practical guide to competency-related pay
（Management briefings, Human resources）
Financial Times Management, 1998
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Description and Table of Contents
Description
'Competency' can mean very different things to organisations. This briefing aims to defuse some of the controversy. It offers a clear framework, describes practical steps on implementing it and gives tips based on the authors extensive experience. It will enable you to benchmark your own practices, assess whether it is suitable for your organisation, and if so - help you introduce competencies into your own organisation's reward portfolio. Practical and clearly written, it's essential reading if you are thinking of introducing competency based pay but are unsure of exactly what it is or how you go about it. Contents include: PART 1 - An overview of competency-related pay *Controversy and questions *The spread of and rationale for competency-related pay *Early days: skill-based pay PART 2 - How organisations are making the links *Linking through job evaluation *Linking through pay review and adjustment *Person-based competency-related pay PART 3 -Learning points and conclusions *A three phase approach to introducing it *Summary and conclusion
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