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QUESTION

Liberty Enterprises is a government contractor of specialized engineering products.

Liberty Enterprises is a government contractor of specialized engineering products. Listed below are 10 benchmark jobs and their point values derived from an internal job evaluation of positions at Liberty Enterprises using the point method. You are going to construct a "wage line" based on the job point values and market rates for the 10 jobs presented below.    

Job                                                           Job Points

Administrative Assistant                               160

Technical Writer                                            370

Accountant                                                    410

Information System Manager                        930

Treasurer                                                        850

Engineering Manager                                     900

Mechanical Engineer                                     460

Human Resource Manager                            525

Financial Analyst                                           430

Purchasing Agent                                          350

(a)  Use O*NET to identify the annual median market wage for each of the jobs. This will be the Y-axis of your wage line graph.

(b)  Using a total point range of 0-1600, establish 8 wage grades of 200 points each. Label the wage grades W1, W2, etc., up to W8. This will be the X-axis of your wage line graph.

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