For this activity, you are to access at three (3) relevant salary survey Web sites on the Internet (such as the Bureau of Labor Statistics, salary.com, or wageweb.com). Using information from these Web sites, discuss the following. Your Activity responses should be both grammatically and mechanically correct and formatted in the same fashion as the Activity itself. If there is a Part A, your response should identify a Part A, etc. In addition, you must appropriately cite all resources used in your response and document them in a bibliography using APA style. (A 3-page response with chart is required.)
Determine the market pay ranges and average pay for an electrical engineer, an accountant, and HR manager with a bachelor’s degree and five (5) years of experience in the following four (4) cities: New York, New York; Chicago, Illinois; Houston, Texas; and Columbus, Ohio. Discuss your findings and develop a chart illustrating/comparing the different locations and data found. Does geographical location make a difference? If so, how?
What was your impression of the pay surveys you were able to access? If you were a compensation manager trying to price these positions, would the information you accessed on these sites be sufficient? If not, what pieces of information are missing?