Design a pay structure for an engineering firm
Give students an opportunity to apply the information in the readings and narrated slides and determine a fair and equitable pay structure.
Your assignment for week 4 is to assume you are a compensation analyst L & M Engineering Inc. You have been assigned to create a simple base pay structure. You will use the attached “Base Pay Structure Chart ” to present your design to executives. Note that the first pay grade of the chart has been completed for you. It may help to use the chart as a reference as you move through the parameters introduced in the assignment.
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