Looking to Benchmark Pay?
This exercise is available to Assessor subscribers only.
Now it's your turn to solve a real-life problem!
If you are a subscriber to ERI's Salary Assessor (SA), analyze the following problem:
Problem Statement
You are the Human Resources Director for OGIS, Inc., a company located in Austin, Texas that provides services to the oil and gas extraction industry. The manager of the sales department has approached you with a request to increase the salary of Susan Smith, a Call Center Sales Representative.
Ms. Smith's job title is Call Center Sales Representative and she is currently being paid an annual base salary of $34,200. She believes that she's receiving less than the market rate for her job. The compensation policy at OGIS is to set a pay range for each position with a range minimum of 35% of the local market rate and the range maximum at 80% of the market. Progression through the range is based on longevity. From Susan's personnel file, you see that she has four years of experience with the company and should be paid at the 50th percentile (base salary survey median). OGIS has revenues of $100,000,000 per year.
Note: Please use today's date and the eSIC code 1300 (Oil and Gas Exploration and Extraction) for this exercise.
Exercise Question
Using the Salary Assessor and the above criteria (location, years of experience, etc.), determine the market base salary level for a Call Center Sales Representative. Taking OGIS's pay policies into account, Ms. Smith should receive a raise of: