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Course C236: Compensation and Benefits Task 1

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Course C236: Compensation and Benefits Task 1 A. Revise the Current Job-Value Structure to enable internal reward equity, plus three new positions. (New Positions are Highlighted in Italics & Bolded) Position Title Current Rate of Pay New Rate of Pay Partner 1 $150,000/year $187,5...

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  • December 3, 2020
  • 5
  • 2020/2021
  • Essay
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By: rkofaisal • 1 year ago

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Course C236: Compensation and Benefits Task 1
A.Revise the Current Job-Value Structure to enable internal reward equity, plus three new positions. (New Positions are Highlighted in Italics & Bolded) Position Title Current Rate of Pay New Rate of Pay
Partner 1 $150,000/year $187,500/year
Partner 2 $150,000/year $187,500/year
Partner 3 $150,000/year $187,500/year
Lead Software Designer 1 $120,000/year $150,000/year
Software Designer 1 $117,220/year $146,525/year
Software Designer 2 $90,100/year $113,850year
Software Designer 3 $90,000/year $112,500/year
Brand Manager $107,370/year
Software Designer 4 $85,000/year $106,250/year
Human Resources Manager 1 $75,900/year $94,875year
Software Designer 5 $75,897/year $94,871.25/year
Software Designer 6 $70,000/year $87,500/year
Product Sales Representative
1$83,340/year
Operations Supervisor 1* $55,000/year $68,750/year
Product Sales Representative
2$65,000/year
Customer Service Representative 1$32.50/hr. $40.625/hr.
IT Technician 1 – Help Desk $25.75/hr. $32.1875/hr.
Administrative Asst. 1 – Billing$24.50/hr. $30.625/hr.
IT Technician 2 – Help Desk $21.10/hr. $26.375/hr.
Administrative Asst. 1 – General$19.65/hr. $24.5625/hr.
IT Technician 3 – Help Desk $15.50/hr. $19.375/hr.
Customer Service $15.38/hr. $19.225/hr. Representative 2*
Customer Service Representative 3$11.50/hr. $14.375/hr.
A1.Justify the Placement and Salaries of the Three New Roles (Brand Manager, Product Sales Rep 1, and Product Sales Rep 2)
Brand Manager – The role of Brand Manager has similar job duties to that of
a Marketing Manager, per the Market Rewards Survey. To be competitive in today’s current market, the salary is recommended to be placed at the 25% rate. This roles doesn’t require more than 3 years of experience in a management role and only 5 years of experience in product marketing. The recommended salary will attract candidates that possess a strong background in sales and less of an emphasis in leadership and/or management. Product Sales Representative 1 – The role of Product Sales Representative 1
requires a Bachelor’s Degree and entry-level Sales Management experience. This role also requires an extensive amount of travel. This role would require an applicant who not only meets but exceeds the basic qualifications, as well as one that has more experience in this given field. The salary of $83,340 would place this role in the 25th percentile. Product Sales Representative 2 – The role of Product Sales Representative 2
does require a Bachelor’s Degree, as well as, entry-level Sales Management experience. This role, also, requires, an extensive amount of travel, too. This role is within the Sales Job Family, where the lesser 10% of salespersons earn $65,000 annually. With this salary, Endothon will attract entry-level applicants while still being cost-effective. B.Create a Pay Grade and Ranges Table, for all 23 Roles Salary Pay Grades and Ranges Salary GradeMinimum
SalaryMaximum
SalaryRange
Difference
Salary
Grade 1$29,000$42,098$13,098
Customer Service
Representative 3
IT Technician 3
Customer Service
Representative 2
Administrative Assistant
1 - General
Salary$40,000$56,927$16,927

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