Introduction In this assignment, you will revise the work titled “Current Job-Value
Introduction
In this assignment, you will revise the work titled “Current Job-Value Structure – Revised Version.docx” The highlighted areas within the “requirements” are the revisions that NEED to be completed, and they are below the sections present. The sections are still there if needed.
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feel that the current job-value structure and pay policy, as well as the lack of a formal system of variable pay, are outdated.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.
Requirements
*Note*: You have been provided with the following attachments: “Brand Manager Job Description,” “Current Job-Value Structure,” “Market Rewards Survey,” and “Product Sales Representative Job Position.” These attachments must be used as you complete this assessment.
Section A. Revised Job-Value Structure – Revise the attached “Current Job-Value Structure” to enable internal reward equity by doing the following:
• Update the salary information for the 20 current employees, as necessary.
• Add in the three new positions, one brand manager and two product sales representatives, with their anticipated salaries.
*Note*: You must base your revisions on the attached “Brand Manager Job Description,” “Market Rewards Survey,” and “Product Sales Representative Job Description.”
Needs Revision
The work contains a proposition combining the new positions with the twenty current positions and assigning the pay rate for each position. However, twenty-three positions should be listed in the “Current Job-Value Structure – Revised Version.docx”
Section B. Pay Grade and Ranges Table – Create a pay grade and ranges table that addresses the current and new roles by using your “Current Job-Value Structure – Revised Version.docx” and all other attachments.
Needs Revision
The work has a job-value structure table and salary placement justification provided. However, the pay grade and ranges table was not evident.
Section B1. Strategy for Salary Adjustment – Describe a strategy to address the original salaries found in the attached “Current Job-Value Structure” that might now be outside the proposed ranges.
*Note*: If the original salaries are not outside the proposed ranges in your pay grade and range table, describe a strategy that you would use if they were (green and red circle rates.)
Needs Revision
The work addresses the possible effects of the 2025 minimum wage rise in California. However, the aspect requires you to address the strategy for compensation outside of the newly proposed range.
Section C. Variable Pay Options – Recommend one distinct variable pay option to motivate employees in three different pay ranges from part B, including a justification of why each recommendation would encourage individuals in that particular pay range.
*Note*: One distinct variable pay option should be provided for each pay range.
Needs Revision
The work explains a performance-based bonus for staff if they meet their targets. However, the aspect requires that one variable pay option is recommended for three different pay ranges.
Section D. Acknowledge sources, using in-text citations and references, for content that is quoted, paraphrased, or summarized.
Section E. Demonstrate professional communication in the content and presentation of your submission.
