COMPENSATION PRACTICES WORKSHEET

Top Candidate for Compensation Analyst

Salary Range: $$60,000-$ $$75,000-$ $$90,000$

Candidate is female with a Master's degree; not required but preferred

Candidate has Compensation Certification; not required but preferred and difficult to

obtain $-$ test is very difficult. Most people take $2-3$ times to pass. She passed on first

try.

Candidate is recent graduate from Yale University with high GPA; experience consists

of one year internship at well$-$known organization in general HR; excellent references

from professors and boss where interned; could bring additional credibility to

compensation function but will have higher learning curve than someone with on$-$the$-$

job compensation experience.

Requirements for job are bachelors with $2$ years' experience. Not having direct

experience but having the master's degree plus certification meets equivalency.

$2$ other compensation analysts, both male, are employed in company; both have

bachelor's degrees with about $4$ years' experience. Both salaries are slightly above

midpoint at $$76,000$ and $$77,000.$

Candidate has done her research and is looking for $$75,000$ as a starting salary.

Company heavily weights internal equity when making hiring pay decisions.

What salary do you offer candidate? Provide rationale.