C236 Andrea Bausch Endothon Task revised 2

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School

Western Governors University *

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Course

C236

Subject

Management

Date

May 8, 2024

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docx

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5

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Compensation and Benefits: Endothon Task Course Code: C236 Student Name: Andrea Bausch Student ID: 001223877 Date: 04/14/2024 Program Mentor Name: Ebony Mason
A. Position Title Current Pay Rate Partner 1 $150,000.00 annually Partner 2 $150,000.00 annually Partner 3 $150,000.00 annually Lead software designer 1 $125,000.00 annually * Brand manager $125,000.00 annually Human resources manager 1 $125,000.00 annually Software designer 1 $117,220.00 annually * Product Sales Rep 1 $110,000.00 annually Software designer 2 $90,100.00 annually Software designer 3 $90,000.00 annually Software designer 4 $85,000.00 annually * Product Sales Rep 2 $85,000.00 annually Software designer 5 $75,897.00 annually Software designer 6 $70,000.00 annually Operations Supervisor 1 $55,000.00 annually Customer Service Representative 1 $32.50 hourly IT technician 1 (help desk) $25.75 hourly Administrative assistant 1 - billing $24.50 hourly IT technician 2 (help desk) $21.10 hourly Administrative assistant 1 - general $19.65 hourly IT technician 3 (help desk) $15.50 hourly Customer Service Representative 2 $15.38 hourly Customer Service Representative 3 $11.50 hourly A1. 1. The new post of Brand Manager will be an integral part of the company's continued growth. In the following year, Endothon will likely grow to more than double its size, and it will need someone with expertise in developing and strengthening the company's brand. The salary between the marketing manager and the advertising and promotion manager was set at a median level to keep it competitive. The Brand Manager's job description is similar to those two positions. This role will be responsible for all company marketing and sales activities and will significantly impact the company's ability to achieve its objectives. This position also reports directly to the partners and is the next level of the organization after the partners. Based on the responsibilities, training, and skills required for this position, the Brand Manager's salary was set at $125,000.00, the same as the Lead Software Manager's and Human Resources Manager's salaries. 2. As the company's future growth depends on sales, Endothon is looking for an experienced sales representative with a demonstrated track record of sales. This was determined by the requirements of 50% annual travel, a bachelor's degree, three or more years of experience in product sales, and one or more years of management experience. 1
After evaluating the market rewards survey, it has been determined that Sales Representative 1's salary will be in the median pay range and that Sales Representative 2's salary will be in the 25% market range. 3. See #2 B. Pay Grade Positions Minimum Midpoint Maximum 5 Partner 1,2,3 120,000 155,000 180,000 4 Lead Software designer 1, Human resources manager 1, software designer 1,2 95,000 125,000 140,000 3 Software designer 3,4,5 85,000 100,000 110,000 2 Software designer 6, operations supervisor 1, customer service representative 1 55,000 75,000 95,000 1 Customer service rep 2,3, IT technician 1,2,3, Administrative assistant 1 billing and general 23,000 40,000 63,000 B1. Strategy: No green or red circles. If Endothon had employed workers with green circle rates, it would have to pay them at least a minimum of the salary level in which they worked. An increase would be granted to all employees in the restricted range to move their salaries closer together. In the case of red circle rates, Endothon would cap the pay at the maximum rate and would not grant them an increase. These employees would be entitled to an annual discretionary bonus based on their performance and the company's performance. They would have to be promoted to the next pay grade to be eligible for an increase, or there would have to be a change in the remuneration or salary grade for that post. B2. The level of experience required for success in the post shall be considered when setting pay levels. To provide a clear path for advancement consistent with wage growth, I have considered the progression of each role. Attracting and retaining employees requires competitive pay and 2
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