Answer Happy

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 [1 mark] and briefly discuss [5 marks] the
remuneration building block that Company
ABC is currently not achieving. {6}
(b) Describe the remuneration practices that Company ABC should
conduct to ensure that this
remuneration building block is achieved. {14}
(20)
3.2 The salaries of Employee 2 and 4 falls outside the grade C pay
range. (5)
(a) Identify [1 mark] and discuss the type of pay rate these
salaries represent [2 marks]. {3}
(b) Discuss the actions Company ABC can take to resolve this pay
rate. {2}
Total [25]