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Compensation Management

Week 5 – Post Graduation Pay Rate

A job post-graduation I found to be interesting on LinkedIn was an entry-level HR Coordinator with the company Robert Half which is a staffing and consulting company. The position is in Minneapolis, MN. Based on the job description responsibilities for this position include planning employee orientation meetings, searching for potential customers, conducting administrative tasks serving employee database records. As well, including at least one year of experience and or HR courses (Entry, n.d.).

As this position is for an entry-level salary, I found that the average human resource coordinator salary is $39,000 and the average pay in Minnesota is $37,389 (Average, 2020). Along with, consideration to the location of the job from being raised in Minnesota the cost of living in the Minneapolis –, St. Paul Metro is less expensive than living on the West Coast making this a reasonable income.

To add, supported from the textbook most companies’ salary range spreads between 20% – 80% as most of them use progressively higher spreads based on the value of the job based on company criteria and complexity (Martocchio, 2017). With this understanding, I would estimate an entry-level salary range of $26,000 – $28,000k for an entry-level position based on the job demands. With the assumption that those in a similar HR position would be compensated based on the responsibilities and demands. 

Under the assumption of the pay range during the interview I would provide them with a range between $27,000 – $34,00 based on my own experiences and knowledge in the field. For justification of this salary, I would vouch based on my experiences in management capacities through internships, jobs, and completing an MBA with a focus on HR to show interviewers that I am an asset to the company and seeking opportunities and grow within their company. Doing this can help me leverage my skills and abilities to seek the salary that I desire. 

I do think that this range is reasonable because once further along in the interview process I can negotiate my compensation package depending on what salary they suggest, and benefits included as one could weigh more heavily on my decision for the position. Along with I do think that I would bring value to the position based on previous experience and knowledge. Not only, when negotiating we should overestimate salary ranges because we never know what an organization might say and should never undermine our skills and abilities.

Overall, this would be a position that would be great to start a post-graduation job that could help me expand my skills within HR and then have the ability to take on a larger role later on.

References

Average Human Resources Coordinator salary. (2020, May 18). Zippia.Com. https://www.zippia.com/human-resources-coordinator-jobs/salary/

Entry Level Hr Coordinator job in Minneapolis. (n.d.). Roberthalf.Com. Retrieved February 5, 2022, from https://www.roberthalf.com/job/minneapolis-mn/entry-level-hr-coordinator/02313-9503233979-usen?rh_job-feed=true

Martocchio, J. J. (2017). Strategic compensation: a human resource management approach. Pearson.

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