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

Prepare as you prepare to write your response to this

Prepare: As you prepare to write your response to this discussion assignment, you may want to review the following resources as these will help you in developing a topic: Develop a Research Topic Incorporate Sources into ...

There are two principles that health care providers rely on

There are two principles that health care providers rely on when set the rates for their services. The first principle is cost, and the second is based on third-party reimbursements, especially from Medicare. As the chie ...

The project paper focuses on a suggested topic related to

The Project Paper focuses on a suggested topic related to art, architecture, history, music, or literature. The project will reflect your views and interpretation of the topic. This project is designed to help you stretc ...

Choose two of the selection methods identified in this

Choose two of the selection methods identified in this chapter. Describe how you can compare them in terms of reliability, validity, ability to generalize, utility and compliance with the law. Your initial post should be ...

There are numerous ways discrimination can occur in the

There are numerous ways discrimination can occur in the workplace. Choose one type of discrimination covered by the US EEOC as listed below: Age Disability Genetic information National origin Pregnancy Race and color Rel ...

Question-recommend strategies for attracting additional

Question:- Recommend strategies for attracting additional staff, motivating and retaining the right talent, and costs to train new staff Diecraft Australia - ASIAN CASE RESEARCH JOURNAL, VOL. 8, ISSUE 2, 187- 213 (2004) ...

Discussion question if you look at competitive dynamics

Discussion Question: If you look at competitive dynamics, competitors are more likely to respond when attacked in a market where the competitor relies on that market for a large portion of its sales. Look at current even ...

Review the case application appraising the secretaries at

Review the Case application: APPRAISING THE SECRETARIES AT SWEETWATER U at the end of Chapter 9 of your textbook. Review the three questions at the end of the case. Think about how you might answer those questions. Now, ...

As you begin your project you will need to identify a

As you begin your project, you will need to identify a specific leadership role you strive for (e.g., business owner, HR Manager, IT Team Leader, Marketing Manager, etc.). Keep this specific leadership role in mind throu ...

You get the chance to create your dream job and to build

You get the chance to create your dream job and to build its compensation plan and appraisal performance. Write a six to eight (6-8) page paper in which you: 1. Create a job description and specifications for your dream ...

  • 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