Compensation and benefits

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Reference no: EM131277798

Compensation & Benefits Class:

Assume that a salary range in your company has a midpoint of $31,000. The range spread is 35%. Now answer the questions below:

What is the minimum of the range? (don’t guess, there is a formula…)

What is the maximum of the range? (don’t guess, there is a formula…)

With a spread of 35%, is the range likely an executive or managerial range?

If an employee’s pay is $28,000, what is that employee’s comp ratio?

If the employee’s pay is $28,000, are they lagging or leading?

Reference no: EM131277798

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