reply to the students’ response and not the question in 150 words minimum and provide 1 reference. Respond to the students response as though you are talking to them, use name
You are a compensation analyst for a pharmaceuticals company, which is located in Los Angeles, California. Define the scope of the relevant labor markets for chemists and for data entry clerks. Describe the rationale for your definitions
After looking at Salary.com and LinkedIn for what a Chemist does in the Los Angeles area and what the pay and compensation is for that area. I have concluded that starting pay is $58948 and can be as high as $85K with the total compensation package. The numbers and jobs that were evaluated were entry level or Chemist I positions. In the specific add from LinkedIn, it a actually goes into detail the job responsibilities and Salary.com was in general terms for what the labor market is expecting from an entry level chemist. The job of a chemist appears to be more of a person-focused compensation plan due to what would seem to be the need for training and insurance of compliance with various equipment (Martocchio, 2017). Depending on the pharmaceutical that a chemist would be, working on their expertise could be used on a different one. This training and flexibility would ensure quality and data integrity.
In looking for data entry technician on LinkedIn, the marketing for this entry-level type position that requires GED or High School diploma seems to be marketing their compensation package more than they pay salaries. Their add in the beginning “Insperity offers a competitive compensation package and a world-class benefits package, including 19 days paid time off, 8 paid holidays, medical, dental and vision benefits, 401k and tuition reimbursement.” According to Salary.com the median salary for an entry level data entry technician is $36658. With this the positions are more of a job based pay where the employee would be paid based off the number of records entered (Martocchio, 2017). The is a small possibility once an employee becomes higher level supervision or moves up levels for data entry that they could have more person focused compensation but this would not be at the entry level.
The two positions have different levels of knowledge, skills, and ability (KSAs) associated with them and the pay and benefits plans reflect that. The way the positions operated when looking at how they produce the product (chemist is research and the data entry technician is records) is very different and the ramifications if they are not done properly has different risk levels. If a chemist does not adequately account for a chemical reaction, someone could potential die. If a data entry technician at the entry level miss types something the record has an opportunity to be corrected without the outcome of death.
I’ve also attached some of the data points that I’ve used such as responsibilities of the position if anyone is interested.
Martocchio, J. (2017). Strategic Compensation: A human resource management approach (9th ed.). Upper Saddle River, NJ: Pearson.
Data Entry References