Coaching manager and other business leaders | HRM591 | DeVry University - Downers Grove, IL
Coaching Manager and Other Business Leaders isdory Explore Human Resources Coaching Manager and Other Business Leaders
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Week 7: Explore Human Resources: Task 3 – Coaching Manager and Other Business Leaders 90 Points: Task 3 – Coaching Manager and Other Business Leaders What you'll learn · How compensation frameworks are developed by HR teams · How comparative ratios and pay ranges help companies to ensure employee pay is compliant with regulations and internal policy · How to use comparative ratios to determine whether employees should receive pay rises or adjustments What you'll do · Use a dataset to understand mid-range pay for a selection of employee · Make recommendations to managers in terms of which employees should receive pay rises or adjustments
Scenario
As a C&B leader, you are expected to share insights and coach your HR customers (often times Managers and Business Leaders) on the upcoming salary planning cycle. Specifically, they want your advice on how salary increases should be distributed and to which employees. You will base your recommendations on data analysis, which includes determining comparative ratios (also known as compa-ratios) and understanding what they mean in context. You will perform the data analysis in the spreadsheet provided in the case ( GE Aerospace: Explore Human ResourcesLinks to an external site. ). We know that not everyone is experienced with spreadsheet software like Excel, so this exercise can either be done using formulas or by looking up values and doing the calculations individually. We suggest that everyone try to use formulas before attempting to do the calculations individually. Consider this a safe environment in which to learn more about spreadsheet software and challenge yourself! You should formulate your suggestions by following the step-by-step instructions below. Please read the instructions carefully before making an attempt. Step-By-Step Instructions