Explore BrainMass

Explore BrainMass

    Compensation and Salaries

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Please help me answer the following questions:

    In your organization:

    -What factors influence the calculation of base salaries?

    -How is the Human Resources department involved in salary determinations?

    -Do you notice any issues related to perceptions of equity regarding base salaries or how they are determined, particularly?

    © BrainMass Inc. brainmass.com June 4, 2020, 3:31 am ad1c9bdddf
    https://brainmass.com/business/human-resources-management/compensation-salaries-519799

    Solution Preview

    Greetings,

    Hope you are well.

    The compensation model differs between each organization aiming towards increasing their consumer market share based on their targeted industry. Let's take a look at the different influences in association with compensation and position equity with the business enterprise.

    -What factors influence the calculation of base salaries?

    The main influence in calculating the base salaries are based on current market value for the open position that constitutes a set salary range. For instance, the current need for IT Management and programmers are in greater demand for a data entry ...

    Solution Summary

    The factors which influence the calculations of base salaries are determined. Human resources department involved in salary determinations are given.

    $2.19

    ADVERTISEMENT