HRM6632 Average Range of Employee Salary Assignment – Assignment Help

Save Time On Research and Writing
Hire a Pro to Write You a 100% Plagiarism-Free Paper
Salary Structure Exercise — HRM6632
Show all calculations!
Given salary grades SG3 and SG4 shown below, which are part of a 6-step salary structure for exempt, salaried employees:
A. Calculate:
1. the range spreads for SG3 & SG4
2. the degree of overlap between SG3 & SG4
3. the midpoint-to-midpoint progression or increase (in percent) between SG3 and SG4
$90,000
$72,000
SG5
$45,000
SG4
$36,000
SG3
SG2
4. Given the data in Part A above, what is your assessment of this pay structure?
5. Could this organization do anything to improve its salary structure? If so, what?
B. Assume that there are six employees in SG3 with the following salaries:
$38,000; $42,000; $46,000; $48,000; $70,000; $72,000.
6. What is the average salary for employees in SG3?
7. What is the median salary for employees in SG3?
8. Why is the average salary so different from the median salary? What are the implications of this difference?
9. What is the group compa-ratio for employees in SG3?
10. What do you conclude from the compa-ratio you calculated for SG3?
All questions are worth 5 points each.


Assignment Pro (28431)
New York University
Is this question part of your assignment?

Sign up to get the full answer

Get Answer
   

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)
Have an assignment question? Get help from Expert tutors!
Your time is important. Let us write you an essay from scratch
100% plagiarism free
Sources and citations are provided
Stuck? We have tutors online 24/7 who can help
you get an A grade paper.
Ask Expert Tutors
Answer in as fast as 15 minites

Are you looking for Assignment Help save 20% with this code BIXBY