You\'re thinking about open a business in wisconsin. To determine what you shoul
ID: 427514 • Letter: Y
Question
You're thinking about open a business in 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 wisconsin (take a look at the survey results below).For the market pay line provide the equation and show it graphically for the data using regression analysis. You don't need design the graphic in a software it can be draw by hand.
Manager =$18.84/hour 150 points
Checker = $9.12/hour 70 points
Bagger =$7.86/hour 50 points
When assuming pay strategy is to "meet," set a pay range for each position ( you can consider broadbanding). Shortly and based on your own judgement you can explain the rationale for the ranges you set and adjust pay ranges to meet legal minimum wage requirements if necessary.
You can show your pay ranges graphically. That is, show how they look when built around your new pay line as developed through your regression. You don't need design the graphic in a software it can be draw by hand.
Survey Results
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
Explanation / Answer
Answer
Recruiting
The Department of Workforce Development (DWD) and Job Center of Wisconsin (JCW) offer a variety of resources to assist with your recruitment and talent development needs. From the Job Center of Wisconsin website to on-site recruiting, our staff can simplify making connections to the best available talent.
For more information about resources offered through JCW, visit the Job Center of Wisconsin.
DWD can assist employers with a variety of recruitment and talent development needs, from veterans employment incentives to apprenticeship programs and expert labor market data. For more information about these and many other resources, visit DWD's Division of Employment & Training.
To reach business and organization success, DWD's Division of Vocational Rehabilitation can help employers tap into highly-reliable and qualified job applicants with disabilities who can put their diverse abilities to work, and build strategies to ensure employers maintain their critical edge and competitive advantage by retaining current workers. For more information, visit DWD's Division of Vocational Rehabilitation.
Veterans
The Department of Workforce Development’s Office of Veterans Services is committed to providing local employers with quality Veteran employees. The Local Veterans Employment Representative (LVER) job is to develop a partnership with employers that fosters success for your company and Veteran job seekers.
Step by Step Employer Toolkit for hiring Veterans – Provides processes for building a successful Veteran hiring initiative for your organization.
Wisconsin Fast Forward Program – Receive a state grant to help your organization curb skills gap.
USERRA - An employer's responsibility with regards to reserve and active duty employees.
For more information, visit The Department of Workforce Development Office of Veterans Services.
Wisconsin Economic Development Corporation
As the state’s lead economic development agency, the Wisconsin Economic Development Corporation (WEDC) leverages regional business and community development representatives and specialists with proven experience in industry advancement, export strategy and investment capital to help businesses in Wisconsin maximize their potential. In addition to financial assistance through state and federal programs, WEDC and its partners provide operational assistance to companies and industry groups ranging from general business education to highly specialized consulting services.
Program categories:
Business retention and expansion grants, loans and tax credits
Entrepreneurship and innovation support
Workforce training grants
Export assistance
Community development grants
Industry development services
See a complete list of all current programs
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