Describe the overall pay structure for your company (not necessarily your position).

Describe the overall pay structure for your company (not necessarily your position).

If you are currently employed, take a look at your current pay structure within your organization. Describe the overall pay structure for your company (not necessarily your position). You can share as much as you are comfortable with sharing (you don\’t have to name the company, just name the industry). For example, are there different levels or bands of positions, are there steps within each level of pay, is it random? If you are not currently employed, you can use your previous company or look up a company that you are interested in working for.

Is the salary information published anywhere and is it easy for employees to understand?

Pick a position within your company and do some research online. On average, does it appear that the company pays below, at-market, or above market payrate for this position? Use sites such as payscale.com or glassdoor.com/salaries or bls.gov/ooh (I\’m sure there are other sites) or even lookup current openings from different companies on sites like Indeed.com. What factors may play a role in the difference in pay?

Describe one type of incentive pay available at your current or previous company or the company that you are interested in? What do you think is the goal of this type of incentive pay? Do you think it is fair? Do you think it is working well? Why or why not?

Requirements: short essay answer