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Surname 1 Name: Institution: Instructor: Date: Pay structure Pay structure according to the Martocchio's five-step system Step 1 deciding on the number of the pay structures. In this case, employees will be classified into different pay structures as it will be important in the process of creating the pay grades. In this case, CapraTek will use the job description to create the pay structure which will be used by the company. With the pay structure, the question of who is being compensated by the company will be answered in the process. In CapraTex the pay structure will be based on the job family Step 2 determining the market pay line In this case, a specific class or level of employees will be paid according to the job classifications. In this case, the administrative assistant will be paid between 13 to 33 dollars on the hourly basis. The manager will have base salary exempt of 250,000 dollars. In this case, the figure might not be accurate so changes can be expected after the capraTek management sit and make their final decisions. All the requirements under the federal provisions must be respected at the end. Step 3 defining the pay grade Surname 2 1. Junior manager 1 with o to 2 years’ experience will get 100,000 dollars. The junior manager must have bachelor’s degree in business management 2. Senior manager will get 200,000 with over five years experiences and also a bachelor’s degree in business management 3. Supervisors will be getting a base salary of 75,000 ...
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