Question
A. Revise the attached Current Job-Value Structure to enable internal reward equity by doing the following: Update the salary information for the 20 current employees,
A. Revise the attached "Current Job-Value Structure" to enable internal reward equity by doing the following:
Update the salary information for the 20 current employees, as necessary.
Add in the three new positions, one brand manager and two product sales representatives, with their anticipated salaries.
Note: You must base your revisions on the attached "Brand Manager Job Description," "Market Rewards Survey," and "Product Sales Representative Job Description."
1. Justify the salaries and placement of the three new positions, one brand manager and two product sales representatives, within the revised job-value structure.
B. Create pay grade and ranges table that addresses the current and new roles by using your revised job-value structure and all other attachments.
1. Describe a strategy to address the original salaries found in the attached "Current Job-Value Structure" that might now be outside the proposed ranges.
Note: If the original salaries are not outside the proposed ranges in your pay grade and ranges table, describe a strategy that you would use if they were (green and red circle rates.)
2. Justify the pay grades and ranges in the table, commenting on attraction and retention strategies.
C. Recommend one distinct variable pay option to motivate employees in three different pay ranges from part B, including a justification of why each recommendation would motivate individuals in that particular pay range.
(Current Job Value Structure table)
The following current positions at Endothon Company are listed based on pay rate from high to low:
| Position Title | Current Pay Rate |
| Partner 1 | $150,000.00 annually |
| Partner 2 | $150,000.00 annually |
| Partner 3 | $150,000.00 annually |
| Lead software designer 1 | $120,000.00 annually |
| Software designer 1 | $117,220.00 annually |
| Software designer 2 | $90,100.00 annually |
| Software designer 3 | $90,000.00 annually |
| Software designer 4 | $85,000.00 annually |
| Human resources manager 1 | $75,900.00 annually |
| Software designer 5 | $75,897.00 annually |
| Software designer 6 | $70,000.00 annually |
| Operations supervisor 1* | $55,000.00 annually |
| Customer service representative 1 | $32.50 hourly |
| IT technician 1 (help desk) | $25.75 hourly |
| Administrative assistant 1 - billing | $24.50 hourly |
| IT technician 2 (help desk) | $21.10 hourly |
| Administrative assistant 1 - general | $19.65 hourly |
| IT technician 3 (help desk) | $15.50 hourly |
| Customer service representative 2* | $15.38 hourly |
| Customer service representative 3 | $11.50 hourly |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Modern Database Management
Authors: Heikki Topi, Jeffrey A Hoffer, Ramesh Venkataraman
10th Edition
0132998440, 9780132998444
