Determined the pay rate and pay range

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Reference no: EM133477039

Using the workforce staffing outline below, develop a compensation plan that includes:

1. How much each position will be paid and on what basis (hourly, salary, piecework). Include either pay rate or pay range.

2. Indicate whether each position is classified as exempt or non-exempt under FLSA and provide reasoning why.

3. How you determined the pay rate and/or pay range for each position. What factors did you consider in determining pay rate/range? What sources or surveys did you use?

4. How do you determine where someone will be placed on the salary scale when hired?

5. Is there additional compensation available through an incentive plan? If so describe. Does this vary by position?

6. Describe how employees earn increases.

Reference no: EM133477039

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