In: Finance
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
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