Question: Please describe the following for given position ( Chief Operating Officer -engineering firm ) making use of concepts learned as a part of the course:
Please describe the following for given position ( Chief Operating Officer -engineering firm) making use of concepts learned as a part of the course:
- NOC Code and Job summary
- Salary ranges Low, average and high for the position from a credible source for following provinces: Ontario, BC, Alberta, Saskatchewan
- What are the other appropriate way/s of arriving at the salary range for this position apart from publicly available databases?
- Which managerial strategy will be useful to design compensation system for the given position? How? Make appropriate assumptions if required.
- Prepare a compensation strategy including Base pay, performance pay and indirect pay assuming the pay rates in Ontario and mention reasons for choosing various components.
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