Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

What is a relevant market in compensation

16/10/2021 Client: muhammad11 Deadline: 2 Day

reply to the students' response and not the question in 150 words minimum and provide 1 reference. Respond to the students response as though you are talking to them, use name

question

You are a compensation analyst for a pharmaceuticals company, which is located in Los Angeles, California. Define the scope of the relevant labor markets for chemists and for data entry clerks. Describe the rationale for your definitions

student answer

Relevant labor market is defined our textbook (p. 151) as “the fields of potentially qualified candidates for particular jobs.” These markets are determined based off the geography, competitors, and occupational classification. Compensation surveys are widely used by many companies. The relevant labor market for chemists would be the entire states of California and the relevant market for data entry clerks would be those in the city of Los Angeles. When looking at the two different positions we can also analyze the differences between the two. The data entry clerk position has a lot more openings but also pays less than chemists. From this we can conclude that there is a higher turnover rate in the data entry positions so we can expect that the company will be continuously recruiting for this position. The chemist job will require a higher level of skills and require licenses and a degree. With this type of positions, we can expect the salary to increase.

There are many different pharmaceutical companies within the labor marker. At the same time, there are a lot of competitors in the market so management will have to focus on an effective compensation plan. When looking at the data entry position, management will look for those with at least a high school diploma and some computer experience as well as their typing skills. Regardless, these people will end up leaving for a better position once they have built their experience. As stated in an article by Resource Management, Inc., a fair compensation plan will help to retain talent and encourage employees to increase their performance.

https://rmi-solutions.com/fair-employee-compensation-how-it-benefits-your-employees-and-your-company/

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Engineering Mentor
Finance Professor
Exam Attempter
Financial Assignments
Homework Guru
Phd Writer
Writer Writer Name Offer Chat
Engineering Mentor

ONLINE

Engineering Mentor

I have worked on wide variety of research papers including; Analytical research paper, Argumentative research paper, Interpretative research, experimental research etc.

$22 Chat With Writer
Finance Professor

ONLINE

Finance Professor

I am an academic and research writer with having an MBA degree in business and finance. I have written many business reports on several topics and am well aware of all academic referencing styles.

$41 Chat With Writer
Exam Attempter

ONLINE

Exam Attempter

After reading your project details, I feel myself as the best option for you to fulfill this project with 100 percent perfection.

$20 Chat With Writer
Financial Assignments

ONLINE

Financial Assignments

Being a Ph.D. in the Business field, I have been doing academic writing for the past 7 years and have a good command over writing research papers, essay, dissertations and all kinds of academic writing and proofreading.

$15 Chat With Writer
Homework Guru

ONLINE

Homework Guru

I have read your project description carefully and you will get plagiarism free writing according to your requirements. Thank You

$17 Chat With Writer
Phd Writer

ONLINE

Phd Writer

I am an elite class writer with more than 6 years of experience as an academic writer. I will provide you the 100 percent original and plagiarism-free content.

$36 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

A company reports the following sales related information - Sound card interface schematic - Flow chart of transcription and translation - Accounting-Need these reworded - Develop a hypothesis relating to the amount of dissolved oxygen - Hozelock mixer tap connector screwfix - Essay - Where is the love by - Jack n jill toothpaste priceline - Transition to Graduate Study - Nissan operations management functions - Chemistry lab introduction to measurement answers - Magnetism and its uses - Solicited and unsolicited application letter - Ancient rome primary sources - Better world books triple bottom line - Which position would a nursing informatics specialist most likely assume - Picot questions related to falls - ?? same-day +27833173182 EPWORTH ABORTION CLINIC // PILLS,,,, - Heat Transfer Project - Adjusted hospital autopsy rate calculator - Malcolm bricklin net worth 2018 - Legal environment of business melvin 3rd edition - Clothing landfill statistics australia - How much yen per dollar - Openintro statistics third edition pdf - The devil wears prada discussion questions - Auckland city council 35 graham street - St brides east kilbride bulletin - SE - Shaping and chaining reinforcement schedules and one trial learning - Christian worldview thesis statement - Crash celebrity airlines flight 82181 answer key - Pooping moose candy dispenser plans - Ajax cleaning products is a medium sized firm operating - Darden's global supply chains case study - Marketing - Poem - Wawa velorio - Learning curve in project management - Depth of cables in ground - The mean of the frequency distribution - Suspended ceiling tiles screwfix - Dynamic science unit 4 - Swot analysis ez pleeze - 400/800 meter training workouts - How to cost a recipe - Importance of Auction Essay - Discussion 5 - Me talk pretty one day questions and answers - Rj12/6 plug with offset lug - Low carb lasagne sheets coles - Real life romeo and juliet love stories - Marketing - In defense of mind body dualism - Jimmy barnes take a load off annie - Determining the rate law for the iodine clock reaction - Cancer research uk marketing - How to say dulce et decorum est - Good country people online - Critical thinking assignment and the band played on - 107NURD4IR - When did king djoser rule - Computer Science, Disaster Recovery Plan: Types of Testing - Monochronic vs polychronic test - Using excel solver to maximize profits - How to make a bubble sort in visual basic - Corstorphine old parish church - The indians new world the catawba experience - Bickerley green nursing home - Are we in a race against the machine according to they say/ i say - The battle of maldon poem analysis - Johns lyng group complaints - Statistics - Acrostic poem for creation - Hero's journey outline template - Data flow diagram for hotel management system - 1page Summary and Diagram -Improv Bus Wk3 Assgnmnt - English - Research Paper - Prince junior tennis sponsorship - Blueprint - 11903 alief clodine suite 100 rd houston tx 77082 - Is grape juice a colloid - Only connect em forster - Francesca leoni michael kors - Hudek inc a manufacturing corporation - Order 2304252: Describe the different methods used to collect fingerprint evidence from hard/non-absorbent surfaces and soft/porous surfaces. - Vocotion - Determine the absolute maximum shear stress in the shaft - Trinity grammar school headmaster - From fly girls to bitches and hos - Proof of lodgement when reconciling transactions - Global health - The engine room bendigo - Conduct disorder in the classroom - Cryptography - Swerve ball argos - 100 positive response with three references due tomorrow at 10 am - Smc grade distribution fall 2019