Question: 1. Select three different jobs and two different cities. 2. Go to www.salary.com and search for the jobs and the cities you selected. See the

1. Select three different jobs and two different cities. 2. Go to www.salary.com and search for the jobs and the cities you selected. See the salary.com instructions document posted on Canvas.

3. Create a Table and for each job and report the 25th percentile, median, and 75th percentile base wage in the two cities selected. Additionally in the Table report the total compensation including benefits for the two cities selected. The two cities are required to be the same for all three jobs.

See the salary.com instructions document posted on Canvas.

4. Is the salary for each job what you would have expected? Why or why not? What factors could explain the differences in the salaries?

5. For each job, compare the median salary to the 25th and 75th percentiles. How much variation exists? What factors might explain this variation in pay rates for the same job?

6. For each job compare the median base wage with the total compensation including benefits. Comment on the value of the benefits and why benefits are important when considering total compensation.

7. What factors may contribute to differences in pay between cities?

8. As a manager, how would you use all of the salary information collected for this project to make a determination of how much to pay employees in these jobs?

9. The salary information collected for this project helps with external equity, how would you also ensure internal equity when determining employees compensation?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

So you took Stats I and Methods One at FIU and passed. But do you remember what you did, how you did it, and why you did it? If you need some basic reminders for the chi square, then this is the...

Please answer all the results for MM challenge on Page 38. Need all the steps as a snapshot like the case study CASE STUDY Materials Management (MM) Case Study Product SAP ERP 6.08 Global Bike Level...

Please Show the results for MM challenge on page 37 based on the case study. CASE STUDY Materials Management (MM) Case Study Product SAP ERP 6.08 Global Bike Level Undergraduate Graduate Beginner...

i need all Journal entries for chapter 4 only see the file Instructions City of Bingham Computerized Cumulative Problem For use with McGraw-Hill/Irwin Accounting for Governmental & Nonprofit Entities...

Jones & Bartlett Learning, LLC. NOT FOR RESALE OR DISTRIBUTION CHAPTER Hot Spot Analysis 10 LEARNING OBJECTIVES C A R R Provide a working definition of a \"hot spot.\" , Be able to explain different...

Course Description Human Resource Management provides a management-oriented exploration of human resource management, structure, functional applications, and labor management relations. Focus is...

Hello tutor Please find the attached instruction file and use the template for solving this question. If you have any question about the problem please contact me. Thanks Your Course Project...

Hi, I have areport due in nine hours. I need to find the following list of things on Amazon.com....

Explain why cost of goods sold is sometimes described as a residual amount. Under which type of inventory system would this description be more accurate?

Let f (x) = 4x2 and g(x)= x + 4x + 2. Evaluate the following. a. f(3) = b. f(-4)= c. g (-3)= d. g (1) = e. f (a + 3) = f.g(a+3)= Check Answer

Throughout most of American history, the relationship between managers and employees h True False

Case Greenbuilders Pte Lid ("GPL") is a local construction company which specialises in providing bespoke Design and Build construction services for private residential homes that are designed to be...