MGT 302 Lecture : Case 4 - Problems in the Pay System.docx
23 Nov 2013
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Problems in the pay system: based on last year"s . 5 million revenue of ccua, the company belongs to the category of companies that earn revenue of less than million. Hence, in comparison of the ,500 salary for junior analyst and programmer, ccua"s computer analysts i are paid ,000 below average. However, their pay for data processor ii position closely matches the ,000 average salary for data processor in exhibit 10. 1. 3. Nevertheless, if compared to the overall average weighted salary, ccua"s pay practices for both positions are below average. Thus, overall, ccua pays a lot less than the current average salary in the market and hence, not at all competitive. This would make sense if the company employs the lag pay policy and provides more intangible benefits to their employees instead but according to exhibit 10. 1. 2, ccua neither provides enough benefits nor has meaningful tasks for employees.
