Question

You are planning to open a grocery store in Platteville, Wisconsin. To determine what you should pay your employees, you conducted a wage survey of grocery stores in towns of <15,000 population within a 25-mile radius of Platteville. Please see the survey results below.

a) Provide the equation for the market pay line and show it graphically for the data using regression analysis. You are not required to use spreadsheet software (e.g., Excel) to do this. You may draw the pay line “by hand” Your analysis of the data resulted in the following weighted average base pay amounts. Job evaluation points to be used for the regression analysis are also provided:

Manager =	$18.84/hour	150 points
Checker =	$9.12/hour	70 points
Bagger =	$7.86/hour	50 points

b) Assuming your pay strategy is to "meet," set a pay range for each position. You may consider broadbanding if it appears to make sense in this situation. Briefly explain the rationale for the ranges you set. Remember to adjust pay ranges to meet legal minimum wage requirements if necessary.

**NOTE: The range spread is based on your judgment. There are no specific rules for setting pay ranges, although you should consider the guidelines discussed in the text. For most people, this is the most difficult part of the process. Be sure you can specifically justify all decisions you make.

c) Show your pay ranges graphically. That is, show how they look when built around your new pay line as developed through your regression. This may also be done “by hand” and a scanned copy placed in the Dropbox if you wish.

MANAGERS

Store A
20
17.5
Store B
19
16
Store C
19.5
17.9
Store D
18.9
18.75
18.25
Store E
19.1
18.5
18.75
20
Store F
19.5
21

Answer 1

I have been in the grocery store trade occurring 25 years and i was hired as a Produce Mgr in there new massachusetts retailer and i used to be floored to find out how they consider they'll get away with there salaried payscale for dept heads, First the establishing fee is much means beneath industy standards, then on top of that the pay on what is called a fluctuating work week. You ought to punch a card in order that they deduct time when your late,which is not legal underneath these pay parameters. Also they base your income of round 800.00 weekly on a 45hr workweek which is around 17.50 hr. This is have been it gets excellent....From 45hrs on the pay you half of the time and a half of you will have to recieve...IE say your cost is 20hr and your time and a half cost is 30, they only pay $10.00 per hr for all the hrs beyond forty five. Asst produce mgrs at anyother supermarket chain in Mass at $18.00hr on the fresh Market $14.00 is your commencing fee which is good for one 12 months. You best acrew 5 days time total for on year. That includes in poor health time personnel time and vacation time. After 2 years you get 10 days. In case you are out sick a pair days a 12 months you don't even have sufficient time for a weeks trip after two years. This enterprise is the worst manufacturer to it can be workers instead of WalMart.....Keep away...Or if not you'll quickly see what it's i'm announcing
i can most effective anticipate you agreed to these stipulations while you had been employed. You were hired as salaried personnel which only requires you to be paid a earnings. As long as they pay you stated income some thing on prime of that is gravy. Most persons on income receive nothing extra despite what number of hours you work.