Question: The IT industry has changed dramatically over the years. IT professionals with specific technical specialties can now find excellent jobs with attractive compensation packages. Lately,

The IT industry has changed dramatically over the years. IT professionals with specific technical specialties can now find excellent jobs with attractive compensation packages. Lately, XYZ Company has been losing many of their IT staff to other companies. What should XYZ consider? Question 9 options: Does the pay scale reflect the importance of various job titles within the organization? What is a fair wage? Are state and federal laws being met with your compensation package? Is your compensation philosophy keeping in line with labor market changes, industry changes, and organizational changes

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!