ABC Inc. is food packaging company operating in Brampton, ON. It employs about 500 employees in 30 job titles. Food packaging is very completive market and ABC competes with several local and provincial companies. Using point method, the company has just finished their job evaluation of all 30 jobs. They found that the lowest job evaluation point among all their jobs is 250 and the maximum is 1000. Susan, the HR manager (who is not very well trained in HR) of ABC Inc. contacted your group for help and advice. 

She wants you to do some calculation on the following and seek your advice. 

ABC Inc. usually follows match the market policy for their pay level. However, to minimize recent increase in employee turnover, Susan wants to follow lead the market policy by 7%. 

Based on the job evaluation points and market survey data, Susan has calculated their market pay regression line which is y = 13,000+62x. Now, you are to use this equation to fill in the following table by reflecting 7% increase in their pay policy line. 

Pay Grade Job Evaluation Points Range Minimum Range Midpoint Range

Answer rating: 100% (QA)

Heres what I propose 1 Calculate the new pay policy line Increase the slope 62 by 7 62 x 007 434 Add ... View the full answer