{"id":17002,"date":"2020-11-24T09:15:33","date_gmt":"2020-11-24T09:15:33","guid":{"rendered":"http:\/\/onlineclassesguru.com\/index.php\/2020\/11\/24\/whats-that-job-worth\/"},"modified":"2020-11-24T09:15:33","modified_gmt":"2020-11-24T09:15:33","slug":"whats-that-job-worth","status":"publish","type":"post","link":"https:\/\/onlineclassesguru.com\/index.php\/2020\/11\/24\/whats-that-job-worth\/","title":{"rendered":"What\u2019s that Job Worth?"},"content":{"rendered":"<style type=\"text\/css\"><\/style><p>You will use data collected by the US Bureau of Labor Statistics for this assignment. These data can be found at http:\/\/www.bls.gov\/oes\/current\/oes_nat.htm.<\/p>\n<p>First Letter of Last Name : PI-PZ\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0 43-4051\u00a0\u00a0\u00a0 Customer Service Representatives<\/p>\n<p>Copy and paste the national estimates for the occupation (As seen in the word document attached)<\/p>\n<p><a href=\"https:\/\/homeworkhandlers.com\/answer\/\">Answer<\/a>\u00a0the following questions.<\/p>\n<p>Government\u00a0<a href=\"https:\/\/homeworkhandlers.com\/survey\/\">survey<\/a>\u00a0estimates suggest there were 1,052,120 Receptionists and Information Clerks in the US in May 2009. The average\u00a0<a href=\"https:\/\/homeworkhandlers.com\/salary\/\">salary<\/a>\u00a0was $12.50 per hour; the median salary was $12.05 per hour.<br \/>\n1.\u00a0\u00a0\u00a0 Why do you think wages are reported on an hourly basis?<br \/>\n2.\u00a0\u00a0\u00a0 What is the difference between the mean and the median?<br \/>\n3.\u00a0\u00a0\u00a0 Most companies base pay on medians rather than means. Why might this be? Why would the median tend to be lower than the mean?<br \/>\n4.\u00a0\u00a0\u00a0 What is the ratio of the 90th percentile to the 10th percentile? (In this case it is $17.61\/$8.26 = 2.13: the 90th percentile employee is paid more than twice the 10th percentile employee. What might explain this differential? What impact does it have on an organizations decision about what to pay a receptionist?<\/p>\n<p>Now look at the different rates for various industries, states, and MSAs. (A MSA is a Metropolitan Statistical Area.)<br \/>\n1.\u00a0\u00a0\u00a0 Do the different rates for different industries and localities help understand wage differentials for the same job?<br \/>\n2.\u00a0\u00a0\u00a0 Do you think there are likely to be differentials within each industry or area? Why?<\/p>\n<p>** In answering these questions use the data from your job to illustrate your answers **<\/p>\n<p><center><a href=\"http:\/\/onlineclassesguru.com\/orders\/ordernow\"><img decoding=\"async\" src=\"https:\/\/encrypted-tbn0.gstatic.com\/images?q=tbn:ANd9GcTyj99p60XCLyLk1htB7-1neRt8-2QdnenNlQ&usqp=CAU\"target=\"_http:\/\/onlineclassesguru.com\/orders\/ordernow\"\/><\/center><p>","protected":false},"excerpt":{"rendered":"<p>You will use data collected by the US Bureau of Labor Statistics for this assignment. These data can be found at http:\/\/www.bls.gov\/oes\/current\/oes_nat.htm. First Letter of Last Name : PI-PZ\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0 43-4051\u00a0\u00a0\u00a0 Customer Service Representatives Copy and paste the national estimates for the occupation (As seen in the word document attached) Answer\u00a0the following questions. Government\u00a0survey\u00a0estimates suggest&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-17002","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What\u2019s that Job Worth? - onlineclassesguru<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/onlineclassesguru.com\/index.php\/2020\/11\/24\/whats-that-job-worth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What\u2019s that Job Worth? - onlineclassesguru\" \/>\n<meta property=\"og:description\" content=\"You will use data collected by the US Bureau of Labor Statistics for this assignment. These data can be found at http:\/\/www.bls.gov\/oes\/current\/oes_nat.htm. First Letter of Last Name : PI-PZ\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0 43-4051\u00a0\u00a0\u00a0 Customer Service Representatives Copy and paste the national estimates for the occupation (As seen in the word document attached) Answer\u00a0the following questions. 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These data can be found at http:\/\/www.bls.gov\/oes\/current\/oes_nat.htm. First Letter of Last Name : PI-PZ\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0 43-4051\u00a0\u00a0\u00a0 Customer Service Representatives Copy and paste the national estimates for the occupation (As seen in the word document attached) Answer\u00a0the following questions. 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