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The Role of Pay in Organizational Change. Problems of traditional HRM—Rodney Dangerfield syndrome. Shifting role of HRM. From narrow definition to flexibility How can compensation policy be used to support organizational goals/objectives? What is the HRM consulting role in an organization?.
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The Role of Pay in Organizational Change • Problems of traditional HRM—Rodney Dangerfield syndrome
Shifting role of HRM • From narrow definition to flexibility • How can compensation policy be used to support organizational goals/objectives? • What is the HRM consulting role in an organization?
5 Processes that Shape HRM • Organizational purpose • Work design • Recruitment and Selection systems • Reward system • Performance management system
Less emphasis on administration More emphasis on automation Current vs ideal Emphases of Compensation
5 Key Steps • Assess the organization • Design improvements to work processes and work environment • Develop new work and roles along with an implementation plan • Implement these new processes • Evaluate and improve