D. Calculate the adjusted pay rates for each benchmark job based on your company's decision...
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D. Calculate the adjusted pay rates for each benchmark job based on your company's decision to lead in base pay by 3%. E. Create pay grades by combining benchmark jobs that are substantially comparable for pay purposes. Clearly label your pay grades and explain why you combined any benchmark jobs to form a grade. Operations Analyst Front Desk Receptionist Company # of Job Incumbents Base Pay Company # of Job Incumbents Average Base Pay A 1 A 2 $27,000 $63,500 B 2 2 $25,500 B 4 $59,000 1 $29,500 C 3 $61,000 D 2 $31,000 E 2 $26,500 D 5 $67,000 F F 1 $26,000 E 3 $63,500 Production Worker F 3 $65,000 Company # of Job Incumbents Base Pay 9 $27,500 B 12 $25,000 11 $31,000 D 13 $33,000 Administrative Assistant E 8 $29,000 Benefits Manager Company # # of Job Incumbents Average Base Pay F 10 $28,500 A 4 $37,500 Company # of Job Incumbents Base Pay B 4 $32,000 A 1 $62,000 3 $33,000 B 2 $57,500 D 5 $39,000 E 4 $36,500 1 $63,000 F 4 $35,000 D 1 $67,000 E 2 $62,000 F 1 $65,000
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