Compensation
hunterbooth
EndothonTemplate1.docxCompensation and Benefits: Endothon Task
Course Code: C236
Student Name:
Student ID:
Date:
Program Mentor Name:
A. Revise the following to include the three new positions and their salaries, as well as to show any changes to existing salaries.
|
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 |
A1. Justify the placement and salaries of the three new positions.
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B. Using the 23 positions, create a pay grade and ranges table.
Reference the Supporting Document, “Endothon Original Job-Value Structure.” Review this document as an example, which has a pay grade and ranges table created from the original job-value structure (Note: For creating your new table below, Endothon is now a larger Company anticipating growth). In creating your new pay grade and ranges table below, the principles of overlapping pay grades and consistent progression from one grade to another must be used.
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Positions |
Minimum |
Midpoint |
Maximum |
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B1. Describe a strategy to address original salaries now found outside the proposed ranges.
Strategy:
B2. Justify your pay grades and ranges, commenting on attraction and retention strategies.
C. Recommend one distinct variable pay option for each of three pay grades, including a justification of why each recommendation would motivate individuals in that particular pay grade.
Recommendation 1:
Justification 1:
Recommendation 2:
Justification 2:
Recommendation 3:
Justification 3:
References
Acknowledge sources using in-text citations and references for content that is quoted, paraphrased, or summarized.
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