From the uploaded file, I need help with question #5 (salary determination)
Task #1 – Background of the Domestic Airlines industry in the US
· Define the industry (history, size, revenues for the last complete year, etc.)
· Discuss and give examples of the financial health of the industry as a whole
· What is the current news and trends for this industry?
· List the major companies in the industry and the market share of each (make a table!)
ALL: Identify one of the major companies in the industry for the report
ALL: Choose a job opening on the company’s career page (cannot be a position in HR & must be located in the US – recommended to choose a fairly common job title)
Task #2 – Job Posting / Understanding the Job
· Include:
· The title of the position and the URL for the job
· The actual posting from the company website (will be added to the Appendix)
· Other important factors about the job
· Gather information on the position (use various sources – O*NET, Bureau of Labor Statistics Occupational Handbook, competitor’s postings)
· Use interviews or observing incumbents in the job if easily accessible
· The information will be used for the rest of the project and may not necessarily need to be submitted but shown as a source
Task #3 – Job Description / Essential Competencies
· Use the Template of Job Analysis (found in the syllabus) – include sources used
· Develop, describe, and submit a list of essential competencies needed to do the job (see textbook for examples)
· Identify and choose only the most critical/essential competencies required to demonstrate high performance – there should no more than 6-10 competencies selected – while all competencies seem desirable, not all are critical!
· Differentiate between high performers and average performers
Task #4 – Person Specification (KSAOs) / Job Requirement Matrix
· Use the Template of Person Analysis (found in the syllabus)
· Determine whether the KSAOs are essential/desirable
· Develop a Job Requirements Matrix
·
Table 4-11 on page 103 of the textbook can be used as a guide
Task #5 – Salary Determination
· Analyze and determine the expected salary range for the position (create tables to aid discussion)
· Include Nationally what the current salary range is
· Use sources like BLS Occupational Handbook, salary websites
· Include Locally what the salary range is – base on the city or county in the job posting
· Use BLS video from Week 2 for assistance
· Justify recommendation on selected salary range – not necessarily what the company is currently paying/offering
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