Question

In: Finance

What is the competitive market paying a Warehouse Manager and HR Generalist? The Great Canadian Company...

What is the competitive market paying a Warehouse Manager and HR Generalist?

The Great Canadian Company (GCC) is opening up its new facility in Brampton, Ontario: a 10,000 square feet logistics hub for the eastern Canadian operations. Currently the function has been outsourced with plans to transition between 40 to 45 people become GCC employees over the next 5 months. As GCC prepares to staff up the operation, there is some urgency in getting current competitive market pricing to make job offers.

Complete the following for the 2 jobs:

•           A proposed salary range with a minimum, midpoint and maximum rates.

•           The starting salary for a fully competent applicant.

•           A total compensation figure (salary plus short term incentive / bonus).

•           Your assumptions in preparing the recommendations

Solutions

Expert Solution

Answer:

1) A PROPOSED SALARY RANGE FOR WAREHOUSE MANAGER

A ware house performs several responsibilities as maintaining & recieving equipment, supervising the staff of the warehouse completing the tasks, safeguarding the warehouse, controlling inventory levels.

The average salary range for a warehouse manager in Ontario, Canada, is CA$56,117

10% MEDIAN 90%

CA$40000 CA$56000 CA$81000

Thus a typical warehouse manager makes a salary that ranges between CA$40000 to CA$81000 with the salary points

as follows

Minimum-CA$ 40000

Mid Range- CA$ 56000

Maximum-CA$ 81000

A PROPOSED SALARY RANGE FOR A HR GENERALIST IN CANADA.

A human resource generalist might include but are not limited to help managers in making decisions such as recruiting new employees, hiring quality personnel deploying new HR practices and also administering general duties such as payroll benefits and training.

The average Human Resource Generalist salary in Ontario, Canada is CA$ 59294

10 % MEDIAN 90%

CA$ 43000

CA$ 54000

CA$ 69000

Thus a HR Generalist makes a salary that ranges between CA$ 43000 - CA$ 69000 with a

Minimum - CA$43000

Midrange-   CA$54000

Maximum - CA$69000

2) STARTING SALARY FOR A FULLY COMPETENT APPLICANT

The salary structure for a warehouse manager depends on various parameters & skills as follows

SKILLS

People Management - upward of 5%

Microsoft Excel- Upward of 4%

Operations Management - upward of 3%

Leadership - upward of 3%

Logistics - upward of 1%

PARAMETERS

Late Career- upward of 15%

Experienced - upward of 11 %

Mid Career - 0%

Early Career - Downward of 12%

Entry Level Downward of 17%

The starting salary for a fully competent Warehouse manager is CA$ 46,455,

The salary structure for a fully competent HR Generalist depends on various parameters & skills

SKILLS

Performance Management - upward of 8%

Employee Relations- upward of 3%

Full cycle Recruiting - upward of 2%

Human Resources - upward of 1%

Benefits & Compensation-upward of 1%

PARAMETERS

Late Career- upward of 22%

Experienced- upward of 12%

Mid Career- upward of 8%

Early Career Downward of 4%

Entry level - Downward of 16%

Thus the starting salary of a fully competent HR Generalist is CA$39,100

3) A TOTAL COMPENSATION FIGURE.

The total compensation figure for a warehouse manager in Ontario Canada is as follows

Salary - CA$39000 - CA$81000

Bonus - CA$513 - CA$12000

Profit Sharing - CA$1000 - CA$6000

Total Pay - CA$37000 - CA$87000

NB: CA$ refers Canadian dollars

4) ASSUMPTIONS

Referring to the above, various factors such as skills and parameters were considered while preparing the recommedations as mentioned. Thus the Great Canadian Company can consider all the recommendations as mentioned above for the two job profiles of Warehouse Manager & HR Generalist


Related Solutions

HR Manager Rebecca and HR Specialist Charlotte decided to discuss on-boarding process at their company -The...
HR Manager Rebecca and HR Specialist Charlotte decided to discuss on-boarding process at their company -The Apple. Rebecca said, “ I know what it was like for me when I started at The Apple. I signed my offer from Alex, then I didn’t hear anything from the company until my start day. When I arrived, I waited in the lobby for maybe half an hour before Alex had time to come and get me. He showed me around and introduced...
HR Manager Rebecca and HR Specialist Charlotte decided to discuss on-boarding process at their company -The...
HR Manager Rebecca and HR Specialist Charlotte decided to discuss on-boarding process at their company -The Apple. Rebecca said, “ I know what it was like for me when I started at The Apple. I signed my offer from Alex, then I didn’t hear anything from the company until my start day. When I arrived, I waited in the lobby for maybe half an hour before Alex had time to come and get me. He showed me around and introduced...
You are the manager of Canadian operations for a smartphone manufacturer. Until recently, the market for...
You are the manager of Canadian operations for a smartphone manufacturer. Until recently, the market for smartphones was in equilibrium. Over the last month, your company has increased advertising expenditures in Canada. They've also decreased the price of all phone accessories by 10%. Meanwhile, microchip prices have increased by 3%. Which of the following answers best explains how you expect the market for smartphones will be impacted by these new developments? a. Supply and demand increase. As a result, the...
An HR manager works at a company in a state that recently legalized the use of...
An HR manager works at a company in a state that recently legalized the use of marijuana for medical purposes. The company restricts the use of drug testing to employees on a probable-cause basis, and tests are given to employees only when they have accidents, engage in unsafe job behavior, or show signs of impaired judgment. Assuming the HR manager wants to avoid discriminating against employees with medical conditions who are legitimate cardholders for the use of medical marijuana, what...
a) What are the characteristics of a competitive market?
a) What are the characteristics of a competitive market?b) For a competitive firm, show how the price is determined by the industry. Use diagram to show a competitive firm that is making only the normal rate of profit. What is the difference between firm’s equilibrium andindustry’s equilibrium?
In an IT consulting company, the HR manager is concerned about how to provide telecommuting and...
In an IT consulting company, the HR manager is concerned about how to provide telecommuting and other flexible work options due to the COVID -19 restrictions. What should the HR manager of this IT Company consider in terms of requirements of training, WHS and employee wellbeing to cope with the challenges of working from home? (150-200 words) this question is related to human resource management subject
An HR manager of a company finds that teenagers frequently change jobs. The dissatisfaction with their...
An HR manager of a company finds that teenagers frequently change jobs. The dissatisfaction with their present jobs is a major factor in the decision they make. Thus, she selects a sample of interviews of 15 teenagers from the past six months. She records the number of months the teenagers spent on their previous jobs:12 5 1 6 20 24 16 7 11 8 23 19 25 14 4 a. Calculate the range of months that the teenagers spent on...
Imagine you are having an interview with the HR Manager of a company? And you have...
Imagine you are having an interview with the HR Manager of a company? And you have asked the following Questions what will the replies be. ( long replies please) A) What is the mechanism of salary and compensation and incentives in your organization? B) how is the salary linked to the organization’s vision ? C)On what basis does the employee gets promoted? D)what are the challenges in implementing the mechanism of salary and promotions? E) how is the promotions and...
7.7. You are a business manager working for a firm in a purely competitive market and...
7.7. You are a business manager working for a firm in a purely competitive market and you just hired a summer intern who does not understand how to derive the firms’ short run supply curve from the firms’ marginal cost curve.    a.   Please explain to the intern how the short run supply curve is derived from the firm’s marginal cost curve. Be specific.    b.   Please explain to the intern the characteristics of long run equilibrium of a purely...
What firms in perfect competitive market and monopolistic competitive market have in common? How they are...
What firms in perfect competitive market and monopolistic competitive market have in common? How they are different in the long run? Explain using appropriate graphs.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT