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A firm must balance the factors used to determine the pay ranges of their employees balancing the job demands with sufficient pay levels to encourage employees to undertake the new responsibilities. The firm in today's world must be able to justify the pay rates paid to different employees and to different job groupings. This assignment will require the student to understand need for wage differentials and justify that the differentials are appropriate.
From within your firm, select three non-unionized positions. These positions should require different levels of skills and responsibilities and should, (preferably) be dominated by either men or women.
Prepare an analysis comparing these three positions. Your report should include a basic analysis of the duties performed, responsibilities and training/experience/education requirements. You should state the wage rate or range for each position (close estimate is acceptable if the actual data is not available).
Prepare an analysis of the wage differential between these jobs. State the amount (and source) of compensating differentials and non-compensating differentials (discrimination).
The 1990s saw the development of a new trend in the form of workforce diversity mainly because of the liberalisation and globalisation of markets (Henry and Evans, 2007). As the bu
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