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Appraisal and Compensation

Topic: Appraisal and Compensation

Software engineers directly affect the success of many start-up companies. Suppose you are facing a clean slate: A group of investors is about to create a new start-up, a specialty software company based in Laramie, Wyoming. These investors have hired you to help determine the marketing manager’s pay. What would you advise? Consider the information in Chapter 7, Exhibits 7.3, Exhibits 7.4 and Exhibits 7.14 in making your recommendation.

1. What policy regarding external competitiveness would you advise? List the options and the pros and cons of each option. Offer your rational for your recommendation.

2. Consider the theories and research in Chapter 7. Which ones did you use to support your recommendation?

*****Source: Compensation, Milkovich, George/Newman, Jerry, 10th Edition, Richard D. Irwin, Inc., ISBN: 0-07-353049-2, ISBN: 978-0-07-353049-9*****

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