Important Policy Issues In writing the pay plan,ask the following: 1.Will we be a pay leader or a follower? 2.Will we emphasize seniority or 50 performance? 24% 22% 3.What pay cycle? ■Weekly ■Biweekly 49% ■2 x monthly ■Monthly ©2004 by UIBE Liu yuxin 8-9© 2004 by UIBE Liu yuxin 8-9 11-9 Important Policy Issues In writing the pay plan, ask the following: 1. Will we be a pay leader or a follower? 2. Will we emphasize seniority or performance? 3. What pay cycle? 24% 5% 22% 49% Weekly Biweekly 2x monthly Monthly