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Labor Market Compensation Analyst

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As a compensation analyst for All Sate Insurance Company, which is located in Hartford, Connecticut. Define the relevant labor market for insurance claims adjusters and for data entry clerks. Please explain the rationale for your definitions.

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This solution gives you analyzes compensation in the labor market for All State Insurance Company in 560 words.

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As a compensation analyst for All Sate Insurance Company, which is located in Hartford, Connecticut. Define the relevant labor market for insurance claims adjusters and for data entry clerks. Please explain the rationale for your definitions.

Definition of labor market for insurance claims adjusters for Allstate Insurance Company, located at 666 Maple Avenue, Hartford. Claims adjusters are required to find out how much money claimants are entitled to get on their insurance claims. The wage rate is $45,000. The workers can be recruited from the state of Connecticut or from any other state in the United State, A graduate from any discipline is preferred, however, a high school diploma is essential. A graduate with background in auto/motorcycle servicing, or a background in construction industry would get an advantage during recruitment and get a higher salary. Further, a candidate with local knowledge of Hartford would be preferred. The insurance claims adjuster would have to spend several hours working away from office and ...

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