als of a successful compensation program
Determine (from contextual variables) the most appropriate managerial strategy that should be employed in the organization
Determine (from structural variables) the current managerial strategy currently operating in the organization, with a discussion on how the “gap” (if there is one) explains some part of the issues that the organization is having. The “gap” is the difference between the current versus appropriate managerial strategy.
Apply expectancy theory to identify any issues with pay for performance – are incentives working at cross purposes between key positions? Are some incentives paying out too well in certain positions, while others aren’t paying out at all?
Apply job content theory to the job family or group of jobs to help explain employee motivation issues including why the existing incentives either work or don’t work. Ideally, job content theory will be applied to those positions that will be included in the PKS grid.
Document and analyze the sources and types of reward dissatisfaction present