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Market compensation data

by | Nov 30, 2023 | Posted Questions

Market compensation data

Describe a type of organization of interest to you in the
education/training industry (K-12). Select one job description category that
would exist in that organization (teacher or adminstrative assistant) and
describe the job. Explain the rationale for the elements of compensation
detailed for the job. Include citations and references related to your topic
organization, position, or related to employee compensation types and methods.

Create a spreadsheet by researching market compensation data
for the position you have described. Create compensation budget entries for the
position and place the data in your Excel chart. Include, where applicable:

– Salary range for that position (direct pay or base pay)

– Incentive pay or extra duty pay

– Regular benefits provided for that position and the
overall cost of benefits

– Account for any planned increases in any category over the
next 12 months (for example, a 3% raise at some point during the year)

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