What are some basic considerations in determining pay rates that Learn ln Motion n1ust be aware of?

Question:

What are some basic considerations in determining pay rates that Learn ln Motion n1ust be aware of?

LearnlnMotion.com does not have a formal wage structure, nor does it have rate ranges or use compensable factors. Jennifer and Pierre base wage rates almost exclusively on those prevailing in the surrounding community, and they temper these by trying to n1aintain son1e sen1blance of equity among what workers with different responsibilities are paid.
As Jennifer says, "Deciding what to pay dot-com employees .is an adventure: Wages for jobs .like welb designer and online salesperson are always climbing dramatically, and there's not an awful lot of loyalty involved when someone else offers you 30 percent or 40 percent more than you're currently making."
Jennifer and Pierre are therefore continually scanning various sources to see what others are paying for positions like theirs. They peruse the want ads almost every day and conduct informal surveys among their friends at other dot-corns. Once or twice a week, they also check compensation websites like Monster.ca.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Human Resources Management In Canada

ISBN: 9780132604864

12th Canadian Edition

Authors: Gary Dessler, Nita Chhinzer, Nina D. Cole

Question Posted: