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Question

Using external resources to gauge compensation levels may result in more equitable compensation planning. From the e-Activity, assess how you would integrate the  data on the PayScale Website or similar sites into your compensation planning.  Specifically, indicate three measures to ensure that your compensation scale is  competitive.

Select a job within an  industry with which you are familiar. Briefly describe the job and create a  salary survey for that job that can be used to collect information that will help  ensure that the surveying company is competitive in hiring and retaining people  for that job. This survey should be a list of questions that will garner the  information needed in order to help ensure that the job being surveyed is  similar to the selected job. The questions must also acquire the salary  information for the surveyed job.

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EYS***772 2019-09-06 06:34:58
Very cheap solution!! Worth the risk.

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In order to integrate the data on PayScale website, I will use their real time data from crowd course and secondly, I will analyze the historical data of previous compensation plans. In the process, I will disregard the outliers and will further augment the data before integrating the final solution

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