Yes, this company is ready for formal salary structure, by setting up a formal salary structure it is fair for the employees because the salary will be based on their task performance instead of their gender. Once this is implemented to the company, it will lead to satisfaction to the employees and the turnover rate will be lower. Also, the company will be able to control their financial operation by being able to budget allocation planning for their business operation.
According to the case, Carter does not make any formal surveys, it is the correct action for Carter. Carter needs to pay more attention to the requirements of employees, so he will be able to begin making a formal pay policy. Secondly, the company needs to pay different salaries for different jobs instead of genders.