This paper will review a job description for Administrative Assistant II. It will detail the job’s salary in three different cities (Boston, MA., Omaha, NE., and San Diego, CA.), how they compare in their respective cities, what benefits may be associated with them, if the information is accurate, and how it is gathered. What is the difference between the median base salary for the job in each of these cities and the national average? What does this suggest about the concept of a relevant labor market when seeking salary information on jobs? What other factors besides geography would be important to consider in determining a relevant labor market? The median base salary for an Administrative Assistant II in Boston and Omaha is identical. …show more content…
What are the implications of this? The data provided does not display anything about stock options. Stock options are used as an incentive to recruit potential employees. Depending on how well the business progresses, stock options can be valuable. In recent years, stock option grants to non-executive employees have grown in importance as a part of compensation policy because they align employee incentives with boosting overall company value (Hochberg & Lindsey, 2010). Does the job description for Administrative Assistant II appear adequate and accurate? Does it accurately reflect the responsibilities and qualifications of the position? The job description appears to be accurate. When comparing the provided description to the one on the website, they are similar. The description is accurate about the responsibilities and expectations of this job. It lists the correct functions and skills needed to perform it properly. Without reliable data to guide the workforce development systems' investment decisions, the country's labor markets cannot operate effectively and efficiently (Department of Labor, …show more content…
An estimate is provided for each city with a pay range of what an employee may make. Numerous variables can determine what salary someone could make. More money may be offered depending on a person’s experience and educational level. The pay range in Boston is $51, 990 - $65, 170, Omaha’s is $43, 626 - $54, 686, and San Diego’s is $49, 796 - $62, 420 (Salary.com, n.d.). How does this website say that the salary data is developed or calculated? Do you think it provides enough information? Why or why not? What are some of the factors that might impair the accuracy of these data? The website compiles its data in multiple ways. Local companies that provide this job position are shown under the job description. Salary information was given by them to help them understand what compensation may be. Human resource managers (HRMs) took surveys displaying their work organization’s statistics. The data provided is adequate. Coupled with statistics on the cost of living, it completes a picture of what life may look like in that city. Data might be impaired by factors such as experience and education. They may not be accounted for when calculating potential salaries. The website mentions that they also use information from HRMs to determine salary. It does not say if those HRMs are in the city an applicant may be looking at. If not, this could affect the accuracy because salaries are not the same in