HRM307 Compensation and Benefits Homework- Post University
I. With whom does your organization compete in terms of compensation and benefits?
II. What is your company's competitive pay strategy? Do they attempt to pay more, the same or less than the competitive average in your area and why?
III. What is your company's policy regarding communications of salary grades and ranges? Why do they do what they do?
IV. Explain the difference between salary ranges and salary bands. Which does your employer use and why?
V. What is a competitive pay line (or market line) and how is it used?
Format your homework according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.