Salary Comparison Sheet

Dear Colleagues,Setting up a salary structure for a new company should be a challenge for the HR professional. There are diverse ways of setting the standards:1\. Use industry benchmarks as a guide.2\. Consider the location of the company/factory.3\. Take into a...

Hi Sachu,I fully agree that salaries are not the best-kept secrets and cannot be secrets. Secrecy leads only to more intrigue and discontent. If the policies have good clarity, then the salary of any particular person could be explained logically and with convic...

Dear Asha,Salary comparison among employees is something that an HR personnel have no control over. Yes, you can create an organizational structure which is grouped into X number of bands, e.g., Directors, Management group, Operation group, Support group, and so...

Dear Bill, Leena, and all,Thank you for sharing your knowledge with me. Following your suggestion, I am commencing my work by gathering job description details. However, I would like to understand more about the benchmarking process. How should I proceed with it...

Before you embark on setting a salary structure, you should establish job descriptions as a basis for the ranges.Job descriptions will provide reporting relationships and list responsibilities for the position, serving as a "talking point" in the recruitment and...

Salary structure is something that needs to be validated carefully - at least here - you want to ensure you are setting up your salary structure and job grades and bands to fall within your industry and area. That way if employees question you on why, for exampl...

Asha, I am also very keen on doing this benchmarking and completing the job descriptions of all our employees. Please share with me all the information you get from other sources that are not available in this forum.

Hi Rekha!Further to your email with Sachu, I would like to inquire if I can also request from you a salary structure schedule. I have already tried to research from different private companies, and they have chosen not to disclose their salary scale, which I und...