Some of the current employees from Headquarters have decided to transfer to the new location. Because this is in a different geographic area with a higher cost of living, the HR Manager wanted to review salaries to check for “alignment”. compa-ratios would need to be considered. :calculate the compa-ratio for each of the current positions using the data provided in the below charts. Salary RangesTitleMinimumMid PointMaximumCSR$25k$30K$35kCSR Lead$35k$40K$45kManager$45k$57.5K$70kDirector$70k$95k$120k Employees – New LocationTitle Current SalaryTenure Time since last promotionCSR #1$28,000New Hiren/aCSR #2$29,5002 Years1 YearCSR Lead$31,0004 Years2 YearsManager$60,000New Hiren/a (hired in at position)Director$75,0007 Years6 months What conclusions could you draw regarding potential issues at this facility? What actions would you recommend to address the issues?

Compa-ratio is a comparison ratio that measures the relationship between the salary of an employee…

Answered: Some of the current employees from…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Some of the current employees from Headquarters have decided to transfer to the new location. Because this is in a different geographic area with a higher cost of living, the HR Manager wanted to review salaries to check for “alignment”. compa-ratios would need to be considered. :

calculate the compa-ratio for each of the current positions using the data provided in the below charts.

Salary Ranges

Title	Minimum	Mid Point	Maximum
CSR	$25k	$30K	$35k
CSR Lead	$35k	$40K	$45k
Manager	$45k	$57.5K	$70k
Director	$70k	$95k	$120k

Employees – New Location

Title	Current Salary	Tenure	Time since last promotion
CSR #1	$28,000	New Hire	n/a
CSR #2	$29,500	2 Years	1 Year
CSR Lead	$31,000	4 Years	2 Years
Manager	$60,000	New Hire	n/a (hired in at position)
Director	$75,000	7 Years	6 months