Effective PCMM Implementation Strategies for Compensation Management - CiteHR

All Seniors,

We want to implement PCMM, and I am assigned with the task of Compensation, in the capacity of both Process owner and Process author. Please suggest how to start off with it. Where can I look for sample templates and how to go about documenting, finding gaps, and analyzing scope for improvements. Please suggest if there are any available materials or sample PCMM documentation.

From India, Hyderabad
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Hello friend,

Has your company engaged any consultant for the implementation of PCMM requirements? There will possibly be a need for an expert consultant to guide you. Compensation is applicable for level 2 "Managed" level companies. I am attaching a PDF file that spells out the requirements of the model.

You may list each item mentioned in the model and find out if that is practiced in your company regarding "Compensation" [Please refer to the last chapter in this PDF file]. This will help you identify the gaps. Then, you may need to prepare an action plan to ensure that processes are established for each of those requirements and are carried out as a managed process in the organization.

Regards,
Nishikant

From United States, Greensboro
Attached Files (Download Requires Membership)
File Type: pdf pcmm__part2_623.pdf (317.4 KB, 140 views)

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