Base Salary Statistics Compensation Assignment Help

Compensationinformation is now widely available. Click on the website www.salary.com . This site provides free data on jobs, including jobdescription, annual salary by zip code, distribution by quartiles of salaryamounts, info on benefits, and so forth. The basic information that anorganization would get if it bought a salary survey from a consultant orconducted its own salary survey can be found here.

This site provides pay data on hundreds of jobs in cities allover the U.S. in many different industries. Identify several jobs (at leastthree) of interest to you, such as accountant, financial analyst, productmanager, stockbroker, or manager compensation. Select specific cities or usethe national average. Obtain the median, the 25th and 75th percentile basewage, and the total cash compensation rates for each job.

Using 10 pages of contents, respond to the following questions. (Any diagrams, graphs, cover page and references does not count to the page length)

1. Which jobs are paidmore or less? Is this what you would have expected? Why, or why not? Whatfactors could explain the differences in the salaries? 

2. Do the jobs havedifferent bonuses as a percentage of their base salaries? Why, or why not? Whatcould explain these differences? 

3. Do the data includethe value of the stock options? What are the implications of this? 

4. Read the jobdescriptions. Are they accurate descriptions for jobs that you would beapplying for? Why, or why not? Are there jobs for which you cannot find anappropriate match? Why do you think this is the case? 

5. Check out pay levelsfor these types of jobs in your school’s career office or other local orregional source. How does the pay for jobs advertised in your career office orother local or regional source differ from pay levels from other sources? Whydo you think these differences exist? 

6. How do you use thisinformation while negotiating your salary in your job after graduation or whenyou apply for a different job? What data would you provide to support yourasking price? What factors will influence whether or not you get what you askfor? 

7. What is the relevantlabor market for these jobs? How big are the differences between salaries indifferent locations? 

8. For each job, comparethe median salary to the low and high averages. How much variation exists? Whatfactors might explain this variation in pay rates for the same job? 

9. Look for a descriptionof how the salary data are developed. Do you think it provides enoughinformation? Why, or why not? Discuss some of the factors that might impair theaccuracy of the data. What are the implications of using inaccurate salary datafor individuals or companies? 

10. With this informationavailable for free, why would you bother with consultants’ surveys? 

11. If you were a manager,how would you justify paying one of your employees, either higher or lower,than the results shown on this website?

Attached is the already submitted assignment of someone’s else .Please lookat it and do the assignment as per instructions attached .I needoriginal work ,wanna better grades in this , its worth for me .Thanks

No matter what kind of paper writing service you need, we’ll get it written. Place Your Order Now!
× How can I help you?