Calculate the adjusted pay ratesfor each benchmark job based on your company’s decision to lead in base pay by 3%

 

Administrative Assistant

Company # of Job Incumbents Average Base Pay

A 4 $37,500

B 4 $32,000

C 3 $33,000

D 5 $39,000

E 4 $36,500

F 4 $35,000

Operations Analyst

Company # of Job Incumbents Base Pay

A 2 $63,500

B 4 $59,000

C 3 $61,000

D 5 $67,000

E 3 $63,500

F 3 $65,000

Production Worker

Company # of Job Incumbents Base Pay

A 9 $27,500

B 12 $25,000

C 11 $31,000

D 13 $33,000

E 8 $29,000

F 10 $28,500

Benefits Manager

Company # of Job Incumbents Base Pay

A 1 $62,000

B 2 $57,500

C 1 $63,000

D 1 $67,000

E 2 $62,000

F 1 $65,000

Answer rating: 100% (QA)

Weighted Mean Sum of Weights SalarySum of Weights Ad... View the full answer