Gold's Gym
Gold’s Gym
Jennifer Alvarez - 98305038
Marvin Ruano - 98305039
[]
Table of Content
Abstract----------------------------------------------------------------------------3
Introduction-----------------------------------------------------------------------4
Job Descriptions------------------------------------------------------------------9
Job Evaluation (Point Method Analysis) ---------------------------------28
Market Salary Survey-------------------------------------------------------- 37
Market Pay level line----------------------------------------------------------43
Pay grade and range-----------------------------------------------------------44
Conclusion-----------------------------------------------------------------------46
References------------------------------------------------------------------------47
Abstract
The purpose of this report is to provide an analysis of the compensation plan used by Gold’s Gym, an international fitness center. We start with an introduction of the company’s description, history and values. Then, we provide an evaluation of various job positions within the company and their respective job descriptions and specifications. Moreover, we use the point method of analysis to conduct a job evaluation for each position. Furthermore, we create an internally fair job structure, conduct a market salary survey for benchmark jobs, draw a market pay level line, decide the pay level policies, draw a pay level policy line, construct a pay grade, and finally establish a structure that is internally equitable and externally competitive.
Introduction
Gold’s gym has been the authority in fitness since 1965 dating back to the original Gold’s Gym in Venice, California. It was the place for serious fitness. Thereafter, Gold’s Gym quickly became known as “The Mecca of
Jennifer Alvarez - 98305038
Marvin Ruano - 98305039
[]
Table of Content
Abstract----------------------------------------------------------------------------3
Introduction-----------------------------------------------------------------------4
Job Descriptions------------------------------------------------------------------9
Job Evaluation (Point Method Analysis) ---------------------------------28
Market Salary Survey-------------------------------------------------------- 37
Market Pay level line----------------------------------------------------------43
Pay grade and range-----------------------------------------------------------44
Conclusion-----------------------------------------------------------------------46
References------------------------------------------------------------------------47
Abstract
The purpose of this report is to provide an analysis of the compensation plan used by Gold’s Gym, an international fitness center. We start with an introduction of the company’s description, history and values. Then, we provide an evaluation of various job positions within the company and their respective job descriptions and specifications. Moreover, we use the point method of analysis to conduct a job evaluation for each position. Furthermore, we create an internally fair job structure, conduct a market salary survey for benchmark jobs, draw a market pay level line, decide the pay level policies, draw a pay level policy line, construct a pay grade, and finally establish a structure that is internally equitable and externally competitive.
Introduction
Gold’s gym has been the authority in fitness since 1965 dating back to the original Gold’s Gym in Venice, California. It was the place for serious fitness. Thereafter, Gold’s Gym quickly became known as “The Mecca of