Imagine that you have a 3-employee office/apartment management company. They have all asked for increases in base pay. Maureen, 42, is a part-time business contracts manager and secretary; she gets $2200 a month. Buzz, 28, oversees building maintenance and rentals for the 4-story family-owned business office directly above your office. He also manages nine apartment buildings within the area. He gets $4,750 a month. Margaret, 36, handles legal matters and has responsibility for resolving all escalated tenant complaints as well as evictions. She earns $6,400 a month. Respond to the following. (30 points) (A 2-page response is required.)
- Outline a formal pay plan for your three employees using Dessler's 5-step process. In Step 2, Job Evaluation, use the ranking method to evaluate compensable factors.
- Describe the five (5) methods Dessler presents to perform a job evaluation, highlighting the advantages of each method.