AT&T is hiring an encryption software developer and the company executive assigned you (in the HR department) to come up with a compensation package for the position. You are gathering data for its pay policies.
Q1. What product markets would you want to use as a basis for comparison? Be sure to provide some real-world organizations and Explain why those are the product markets for the company.
Q2. What labor markets would you want to use as a basis for comparison? Be sure to provide some real-world organizations and Explain why those are the labor markets for the company.
Q3. Which one (product or labor markets?) do you believe is more important to consider when deciding a pay for an encryption software developer position at AT&T? Why?
IMPORTANT NOTES:
PLEASE WRITE A PARAGRAPH FOR EACH QUESTION. WRITE IN YOUR OWN WORDS AND DON'T COPY FROM OTHER POSTS!