In this assessment, you will create an organizational rewards structure. This structure should consider organizational strategy, HR strategy, and the external business environment.
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 organizations 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feel that the current job-value structure and pay policy, as well as the lack of a formal system of variable pay, are outdated.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 companys compensation strategy to allow Endothon to be competitive in the workplace and to attract and retain a quality workforce.
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 Descriiption, Market Rewards Survey, and Product Sales Representative Job Descriiption.
1. Justify the salaries and placement of the three new positions, one brand manager and two product sales representatives, within the revised job-value structure.
B. Create a pay grade and ranges table that addresses the current and new roles by using your revised job-value structure and all other attachments.
1. 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 ranges table, describe a strategy that you would use if they were (green and red circle rates.)
