CHAPTER 9 HUMEWU WHERE WOULD YOU CHOOSE TO WORK? If you had to choose an industry based strictly on how Canadian Industries for the most recent available year much it pays is employees, which would you pick? The (2016), according to Statistics Canada following are the average weekly camnings for different Mining, quarrying, and all and gas extraction 1,971.99 Utile 1.781.05 Management of companies and enterprises 1426.48 Information and cultural Industries 1,332.02 Professional, scientific, and technical services 1 295.12 Finance and Insurance 1.284.37 Public administration 1.217.86 Goods producing Industries 1,214.66 Construction 1,202,80 Forestry, logging, and support 1.119.37 Manufacturing 1,086.11 Educational services 1,024.05 Transportation and warehousing 1,013.22 Real estate and rental and leasing 957.94 Service-producing industries 899.40 Health care and social assistance 862.78 Administrative and support, waste management and remediation services 783.20 Other services (except public administration 779.00 Thade 742.40 Arts, entertainment, and recreation 579.90 Accommodation and food services 364.88 Saaremaa more than Old had chambre the lower Of course, all of these seem pretty miserly when you compare them with the average pay for players in the National Hockey League (NHL), which is about $63,000 a week assuming they work 40 weeks a year). This is nice for hockey players, but is one week of an average hockey player's work really worth more than the combined weekly work of 72 Canadian health and social service workers, or 173 accommodation and food ser- vices workers? What scale would you use for judging? By the way, average pey is even higher for players in the National Basketball Association and Major League Baseball than the NHLI Examine the list of industries and pay rates above (from the opening vignette on page #310 in the book). Explain possible reasons why each industry has the relative pay level that it does. Book (Strategic Compensation in Canada, Sixth Edition by Richard J. Long and Parbudyal Singh)Example page no 310? Use areas of this Chapter in formulating your response, including: "Understanding Labour Markets; "Compensating Differential"; and, "Defining the Relevant Labour Market".

CHAPTER 9 HOMEWORK WHERE WOULD YOU CHOOSE TO WORK? If you had to choose an industry based strictly on how Canadian industries for the most recent available year much it pays its employees, which would you pick? The (2016), according to Statistics Canada: following are the average weekly earnings for different Mining, quarrying, and oil and gas extraction 1,971.99 Utilities 1,781.05 Management of companies and enterprises 1,426.48 Information and cultural Industries 1,332.02 Professional, scientific, and technical services 1,295.12 Finance and insurance 1,264.37 Public administration 1,217.86 Goods-producing industries 1,214.66 Construction 1,202.80 Forestry, logging, and support 1,119.37 Manufacturing 1,086.11 Educational services 1,024.05 Transportation and warehousing 1,013.22 Real estate and rental and leasing 957.94 Service-producing industries 899.40 Health care and social assistance 862.76 Administrative and support, waste management and remediation services 783.20 Other services (except public administration) 779.00 Trade 742.40 Arts, entertainment, and recreation 579.90 Accommodation and food services 364.88 Source: Statistics Canada website, at http://www.statcan.gc.ca/t ed September 4, 2016. [Note: This table does not take into account the different jobs in the i amings are averages. Mining, Oil and Gas may have more incumbents, for instance, holding highly paid jobs such as and their large number drives the high average industry number. Accommodation and Food Services mary have m naids and their number drives the low average industry number ] Of course, all of these seem pretty miserly when combined weekly work of 72 Canadian health and social you compare them with the average pay for players service workers, or 173 accommodation and food ser- in the National Hockey League (NHL), which is about vices workers? What scale would you use for judging? $63,000 a week (assuming they work 40 weeks a year). By the way, average pay is even higher for players in This is nice for hockey players, but is one week of an the National Basketball Association and Major League average hockey player's work really worth more than the Baseball than the NHL! Examine the list of industries and pay rates above (from the opening vignette on page #310 in the book). Explain possible reasons why each industry has the relative pay level that does