Reviewing a Salary Structure

Aug 10th, 2015
Business Finance
Price: $25 USD

Question description

Often a salary structure has ranges—minimum, midpoint, and maximum—as shown in Exhibit 8.15 ( Develop Pay Grades) in your text. Frequently, a market position is drawn from the range midpoint. Another option becoming popular is broad banding. Each method has advantages and disadvantages. Look at the salary structure and occupational families presented in the United States Office of Personnel Management Salary Table 2011-GS linked in the Resources. Notice how broad the bands are for individual jobs.

Write a paper analyzing the advantages and disadvantages of broad banding as a compensation plan. Conclude with explaining your position stating whether you think broad banding can be successfully competitive in your current or previous work environment and provide supporting reasons for your position.

chapter 8:

Tutor Answer

(Top Tutor) henryprofessor
School: UCLA

Studypool has helped 1,244,100 students

Review from student
" Excellent job "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1828 tutors are online

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors