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Scenario You are the human resources manager of Endothon Company,…
Scenario
You are the human resources manager of Endothon Company, which helps its clients eliminate paper use by automating their business processes. Endothon is implementing a new software program and faces the challenge of hiring additional staff to help sell and support the program.
The company has been in business for five years and currently has 20 employees working on a variety of software applications for clients. Endothon will likely double in size during the next six months and add even more employees by the end of the year.
The first round of hires will include three new positions: one brand manager and two product sales representatives. Because Endothon is located in a geographic area in California where the job market is ultracompetitive, recruiting quality candidates will be challenging.
Also, the organization’s partners feel that the current job-value structure and pay policy, as well as the lack of a formal system of variable pay, are outdated. You must define the company’s compensation strategy to allow Endothon to be competitive in the workplace and to attract and retain a quality workforce.
Finish creating the pay grade and ranges table using the Updated Current Job Value Structure
Reference the Supporting Document, “Endothon Original Job-Value Structure.” Review this document as an example, which has a pay grade and ranges table created from the original job-value structure Note: For creating your new table below, Endothon is now a larger Company anticipating growth). In creating your new pay grade and ranges table below, the principles of overlapping pay grades and consistent progression from one grade to another must be used.
Pay Grade
Positions
Minimum
Midpoint
Maximum
6
Partners 1-3
5
Brand Manager, Lead Software Designer, HR Manager
4
Software Designer 1-3, Product Sales Reps 1-2
3
Software Designers 4-6
$70,000
2
OPS Supervisor, CSR 1
$50,000
$68,500
$87,000
1
CSR 2-3, Help Desk 1-3, Admin Billing, Admin General
$23,000
$41,500
$60,000
Updated Current Job-Value Structure:
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Prompt B: Use the Current JobValue Structure Determine top
salary dollar amount or Determine logical pay grades by market
value and position importance Creating hierarchy Revi…
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Image transcription text
Original Job-Value Structure The following Positions are listed
based on pay rate from high to low: Position Title Current Pay
Rate CEO 5100,000.00 annually Lead software design…
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B1. Describe a strategy to address the original salaries found in the “Current Job-Value Structure” that might now be outside the proposed ranges.
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Current Job-Value Structure The following current positions at
Endothon Company are listed based on pay rate from high to low:
Position Title Current Pay Rate Partner 1 $150,000.0…
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Note: If the original salaries are not outside the proposed ranges in your pay grade and ranges table, describe a strategy that you would use if they were (green and red circle rates).
Strategy:
B2. Justify your pay grades and ranges, commenting on attraction and retention strategies.
