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Compensation and Benefits PreparationCompensation and Benefits PreparationJohn LupoCapella UniversityBUS 3040John DevillierMay 30, 20201
Compensation and Benefits PreparationIntroductionJava Corp. is opening a new office in London, England. Java Crop is planning on filling one executive-level position with a U.S. citizen who is not already employed by Java Corp. The term of the initial assignment is two years. In the Economist’s Worldwide Cost of Living Report 2020, London ranked 30th. According to the UK government, the average London house price in May 2020 was $629,788. Meanwhile, as of May 2020, the reported averagePrice per Square Feet to BuyApartment in City Centre is 743.22 to 1,486.44. Prices of housing start to fall as you move away from the center of the city. All these costs of living expensive will be taken into consideration when developing a salary and compensation package for Java Corp. job opening in London, England. Pay/SalaryAt the executive level, the pay scale is very much dependent on both the specific person, their experience. Executive level pay scale may be significantly different, depending on the needs of the company and the strengths and weaknesses of the individual. An entry-level Executive Officer with less than 1year experience can expect to