Question: This question is based on the following pay structure information of Company ABC: Position: Accountant (Grade C) Employee 1 Employee 2 Employee 3 Employee 4

This question is based on the following pay structure information of Company ABC: Position: Accountant (Grade C) Employee 1 Employee 2 Employee 3 Employee 4 Annual salary R 146 849 R 385 000 R 215 547 R 355 000 3.1 Assume that the Accountants within Company ABC all have the same qualification, experience and performance. You need to: (a) Identify [1 mark] and briefly discuss [5 marks] the remuneration building block that Company ABC is currently not achieving. {6} (b) Describe the remuneration practices that Company ABC should conduct to ensure that this remuneration building block is achieved. {14} (20) 3.2 The salaries of Employee 2 and 4 falls outside the grade C pay range. (5) (a) Identify [1 mark] and discuss the type of pay rate these salaries represent [2 marks]. {3} (b) Discuss the actions Company ABC can take to resolve this pay rate. {2} Total [25]

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