MGT 470 In-Class Exercise – Market Pay Line
Name: Tina Le
NetID: 5005706909
Exercise Instructions
The following table shows a company’s job evaluation results (JE Points column) and the compensation survey
results (Market Total Compensation column).
JE Points (or total scores of job value) indicate each job’s relative importance and value. And the compensation
survey results present the market average pay rate for each job.
Job Title
JE Points
Market Total Compensation
Engineer 1
100
50,000
Engineer 2
200
100,000
Engineer 3
300
120,000
Engineer 4
400
140,000
Manager 1
500
?
Manager 2
600
170,000
Manager 3
700
200,000
1. Based on the information above, draw a market pay line in the following blank plot chart.
2. Based on the market pay line, suggest an estimate of the market average pay level for Manager 1.
A suggested estimate on the market average pay level for Manager 1 is 150,000 based on the market pay line.