Question: Case Study on Creating a Wage and Salary Pay Grade System This assignment will involve the creation of a simple wage and salary program. You
Case Study on Creating a Wage and Salary Pay Grade System
This assignment will involve the creation of a simple wage and salary program. You will complete this assignment utilizing Excel. You will find the grading rubric for this assignment following the case study.
Case Study:
This organization has 10 different positions; due to the lack of having an HR professional who understands compensation issues, it is without any salary structure for the employees.
The job titles are:
- Operator
- Mechanic
- Electrician
- Supervisor
- Administrative Assistant
- Sales Professional
- Sales Manager
- HR Manager
- Operations Manager
- President
This is accomplished by the following:
- You will need to do some research at salary.com and benchmark these positions using regional data or national data and rank the salaries of the employees.
- You can use an objective point system to assign points, using compensable factors for the jobs as well.
- Next, you will tally the points for each position and assign these jobs to specific pay grades.
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