You have just taken over a position as a compensation analyst for an on-line glo

ID: 2600962 • Letter: Y

Question

You have just taken over a position as a compensation analyst for an on-line global management business,MGH. You have been asked to provide a basis for pay for some new employees: A New Management Consultant 1 (entry level based in San Francisco),30 hours pe week Research Analyst (2 years experience based in Mexico City), full-time. A new VIce-President-Asia (based in Seoul,MBA Stanrd University, born in Seoul, 15 years consulting for software companies.

Current salaries at MGH company:

Management Consultant II-$85,000 base

Research Analyst 1-$35,000 base

Vice President IT Western Hemisphere-$250,000 base

Directions

Create a word document for each position. Show the basis, the salary or pay and justify your recommendation.

I have placed in the necessary information, when will someone answer this question?

Deborah Beene

Explanation / Answer

Designation wise basis of Salary

SI.No.

Name of the post

Pay

Management Consultant II

$85,000

Research Analyst 1

$35,000

Vice President IT Western Hemisphere

$250,000

In this case, A new Management consultant who has no experience is being paid an amount of $85,000, whereas a Research analyst who has an experience of 2 years is being paid just $35,000 as a salary which is not appropriate.

Therefore salary of Research Analyst should be increased.