Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Respond to - I currently work for a gaming company. Considering the pay rate for my job, a job in another industry similar to mine

Respond to - I currently work for a gaming company. Considering the pay rate for my job, a job in another industry similar to mine would be influenced in various ways. For example, a pay rate in a similar role in the healthcare industry would be higher due to more skills and specialties required by those roles. Or the pay rate could be lower than mine if I worked in an industry that did not require special skills or knowledge. A person's geographic area influences their pay rate for various reasons. An example of one of those reasons would be someone living in an urban city. Their company should increase the amount offered to them as employees because then they won't be able to afford that area. I think that whether you work hybrid, on-site, or fully remote should influence a person's pay. For example, I think people working from home rather than on-site should be paid less if they still have the same responsibilities as someone working on-site. The commute and other benefits should be considered. As an HR professional, I could use and gather data from market pay structures to ensure external equity at work and ensure that

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Quantitative Methods For Business

Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam

11th Edition

978-0324651812, 324651813, 978-0324651751

More Books

Students also viewed these General Management questions