1. Table 9.2 provides data from a compensation survey for the job of industrial engineer, collected from the same employers as the compensation survey for accounting clerks discussed earlier in the chapter. Assume you are managing a high-involvement firm that employs about 800 people and you employ 10 industrial engineers. Develop a compensation structure for this job, indicating the amount of base pay the job will provide (including the pay ranges) and the amount and type of performance pay and indirect pay. Assume the survey data are eight months out of date, and your new compensation structure will take effect in four months and apply to the following 12-month period. The following job summary was used in the survey, which was based on the National Occupational Classification for "Industrial and Manufacturing Engineers": Industrial and Manufacturing Engineers conduct studies and develop and supervise programs to achieve efficient industrial production and efficient utilization of industrial human resources, machinery, and materials. Industrial and Manufacturing Engineers are employed in consulting firms, manufacturing and processing companies, and in government, financial, health care and other institutions. Example titles include cost engineer, computer integrated manufacturing engineer, fire prevention engineer, plant engineer, work measurement engineers, methods engineer, industrial engineer, manufacturing engineer, quality control engineer, safety engineer, production engineer, time-study engineer.