Describe the basic steps in conducting a wage and salary survey. what are some factors to consider? one of the objections to granting wage increases on a percentage basis is that the lowest-paid - employees, who are having the most trouble making ends meet, get the smallest increase, while the highest-paid employees get the largest increase. is this objection a valid one? explain.

Question

Ronald Lamb

Business

26 October, 02:55

Describe the basic steps in conducting a wage and salary survey. what are some factors to consider? one of the objections to granting wage increases on a percentage basis is that the lowest-paid - employees, who are having the most trouble making ends meet, get the smallest increase, while the highest-paid employees get the largest increase. is this objection a valid one? explain.

+4

Answers (1)

Know the Answer?

Ruth Choi · Answer 1

Some basic steps are taking into consideration wage and salary federal and state regulations. In addition, evaluating the average salary for the particular position, as well as the compensation cost. The objection can be valid, unless the wage/salary increase is conceived in a percentage basis. In that case it is valid for higher-paid employes to get a more advantageous increase over the lower-paid workers.