Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask HR Management Expert

Have you ever wondered or investigated what your salary is worth in the marketplace? That is one thing that compensation managers have to know - what is the "going rate" for particular positions within a given market. I learned this important fact while working in human resource management: each job contains a particular price tag with a low and high range. No matter how hard I work, how much extra time I give, and how good my work is, it is highly unlikely that a company will pay any more for my position than the top of the range for that position in the marketplace. That is what led me to go back to school to earn my masters!

So now it's your turn to do some basic salary survey research. For this assignment, please assist me in:

1. Choosing three jobs that you are considering or considered moving into once you finished your MBA

2. Choose three places in the world that you might like to work each of these jobs

3. Go to SalaryExpert.com, and in the "Free Salary Calculator", enter each job and location for each job. Note that if you want to research a location outside of the U.S., you must click on the International Data link just below the "select a location" field.

With this basic information in hand, please do the following:

1. Describe the three jobs and three markets, and the key differences and similarities you notice among them.

2. Discuss the types of compensation that are most important to you, and that you would look for in one of these positions. Be sure to talk about any differences that would be important to you based on location or on the nature of the work.

3. Discuss the strengths and weaknesses of your current compensation plan (without specific numbers, please).

HR Management, Management Studies

  • Category:- HR Management
  • Reference No.:- M929069

Have any Question? 


Related Questions in HR Management

Read the following article and answer the questions

Read the following article and answer the questions below: Fun at work: Lessons from the fish market What does it mean at Pike Place Fish to be world famous? Why does it take some new employees months to understand this ...

Human resource management in relation to trainingdescribe

Human resource management in relation to training Describe the components of a needs assessment used to determine the training requirements of the organization. Explain the importance of developing learning activities, b ...

Resource human resource dilemmas gyro in ch 4 of employment

Resource: Human Resource Dilemmas, Gyro, in Ch. 4 of Employment Law Research legal cases on the Whistleblower Protection Act, False Claims Act, and Sarbanes-Oxley Act using online law libraries of your choice. Write a 75 ...

Leadership coaching planproviding helpful balanced feedback

Leadership Coaching Plan: Providing Helpful, Balanced Feedback This essay serves as the next section of your Leadership Coaching Plan. In a 500-word essay, discuss strategies for providing helpful, balanced feedback. Inc ...

Conflict identification and resolutionwe live in a very

Conflict Identification and Resolution We live in a very complex and culturally diverse society. When we bring individuals together from diverse backgrounds in a work environment conflict can arise when expectations are ...

For this weeks assignment you need to develop an organized

For this week's assignment, you need to develop an organized process that supports program development to resolve the health care administration issue or barrier that is the focus of your research project, it is importan ...

1herzbergs two-factor theory speaks to issues relevant in

#1 Herzberg's two-factor theory speaks to issues relevant in both employee compensation and benefits as it discusses why people choose a workplace, as well as what keeps employees satisfied and committed to their work. F ...

To help formulate your concepts of the kind of leader you

To help formulate your concepts of the kind of leader you want to become, examine your choice of current business periodicals (such as the Wall Street Journal, Forbes, Fortune, The Economist, Business Week, etc.). Locate ...

To conclude your marketing plan you will describe the

To conclude your marketing plan, you will describe the company's, marketing strategy, implementation strategy, expansion plan, social media strategy, monitoring methods, and integrated marketing communication strategy. N ...

Traditional tools of marketing and pr have undergone a

Traditional tools of marketing and PR have undergone a shift as new tools for the trade are developed, specifically social media. Very often marketers will use blogs and other social sites/networks to sound like people h ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen