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This question is based on the following pay structure information of Company ABC:
Position:
Accountant
(Grade C)
Employee 1 Employee 2 Employee 3 Employee 4
Annual salary R 146 849 R 385 000 R 215 547 R 355 000
3.1 Assume that the Accountants within Company ABC all have the same qualification, experience
and performance. You need to:
(a) Identify and briefly discuss the remuneration building block that Company
ABC is currently not achieving. (b) Describe the remuneration practices that Company ABC should conduct to ensure that this
remuneration building block is achieved. 3.2 The salaries of Employee 2 and 4 falls outside the grade C pay range.
(a) Identify and discuss the type of pay rate these salaries represent.
(b) Discuss the actions Company ABC can take to resolve this pay rate. "
