Broadband Reimbursement

Hi everybody,Is there any formula to calculate the exact salary for employees in a bandwidth? For example, a graduate with 10 years of experience gets $5000 - $8000 (under broadband). But what exactly would he get?

Hi,While setting the minimum and maximum for a salary band, you also need to set the increment grade for each band. Once you have that, you can easily decide what would be the salary of each employee based on his or her experience/tenure with the organization.Fo...

Greetings,Are you considering implementing salary banding within your organization? You need to establish the minimum and maximum ranges.Regards,(Cite Contribution)

Thank you Raj Kumar, Gaurang, and Ed Llareng Jr. Thanks for the input and for not letting this post die down. Also, I'm still working on this project. All are invited to give more inputs.

Dear Ed Llarena, Jr.,I too agree with you totally on the points you have mentioned. Setting up salary bands is best left to an expert and is generally a process undertaken to reduce and simplify the salary grades of a company.@Crystal - I think you should heed o...

Hi there, anybody who can solve the above query, kindly revert with your valuable information.–-Hi there,Anybody who can solve the above query, kindly revert with your valuable information.

Hi!There is no specific formula that will give you a Broadband Salary Structure.Designing salary structures, whether "broadbands" or "ordinary bands," needs a lot of considerations and skills on the part of the HR professional. It cannot be discussed and learned...

Thank you so much. The minimax would merely mean the minimum and maximum an employee in a particular grade would get. Assuming I have already set that, what criteria would help decide the specific and most rational figure.