Hi guys,
Can anyone help me in providing insights regarding compensation and salary grades? I am planning to propose to management the idea of differentiating salaries between old employees and newly hired ones. Currently, both old and new employees receive the same salary and benefits. Thank you in advance.
Tabashingshing
From Philippines
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Can anyone help me in providing insights regarding compensation and salary grades? I am planning to propose to management the idea of differentiating salaries between old employees and newly hired ones. Currently, both old and new employees receive the same salary and benefits. Thank you in advance.
Tabashingshing
From Philippines
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Greetings,
Compensation grading is an organization-wide exercise. In case you are initiating it, please consider all the roles and functions. Before we suggest, please share what the strength of your organization is. Which sector do you belong to, and what is the core business?
Your study for grading requires to be in-depth. I request you to read the discussions and documents shared in these links:
[How to grade compensation - Discussion](https://www.citehr.com/233799-employee-grade-salary-structure.html#post1048857)
[Compensation Guidelines - doc](http://citehr.com#post280424)
[Model Compensation Structure](https://www.citehr.com/145928-ctc.html#post617528)
[Grading sheet - xls](https://www.citehr.com/232532-performance-appraisal.html#post1044915)
[Broad Banding - ppt](https://www.citehr.com/271969-band.html#post1221495)
[Compensation Management - zip](https://www.citehr.com/161023-compensation-management.html#post686220)
[Compensation Benchmarking](https://www.citehr.com/27760-compensation-benchmark-you-getting-what-you-deserve.html#post121081)
[Compensation survey](https://www.citehr.com/14766-31-excel-tips-2.html#post371307)
From India, Mumbai
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1872Compensation grading is an organization-wide exercise. In case you are initiating it, please consider all the roles and functions. Before we suggest, please share what the strength of your organization is. Which sector do you belong to, and what is the core business?
Your study for grading requires to be in-depth. I request you to read the discussions and documents shared in these links:
[How to grade compensation - Discussion](https://www.citehr.com/233799-employee-grade-salary-structure.html#post1048857)
[Compensation Guidelines - doc](http://citehr.com#post280424)
[Model Compensation Structure](https://www.citehr.com/145928-ctc.html#post617528)
[Grading sheet - xls](https://www.citehr.com/232532-performance-appraisal.html#post1044915)
[Broad Banding - ppt](https://www.citehr.com/271969-band.html#post1221495)
[Compensation Management - zip](https://www.citehr.com/161023-compensation-management.html#post686220)
[Compensation Benchmarking](https://www.citehr.com/27760-compensation-benchmark-you-getting-what-you-deserve.html#post121081)
[Compensation survey](https://www.citehr.com/14766-31-excel-tips-2.html#post371307)
From India, Mumbai
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ThankQ (Cite Contribution)...the links are helpful in getting an idea about compensation management...Thanks again for posting them here together... :)
From India, Hyderabad
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From India, Hyderabad
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Thank you for the great reply. It increases my idea as well. I am working in a hospital where I have to offer the management a proposal for compensation and salary grades because most of the old employees are complaining about their salaries.
Thanks for the help. God bless.
From Philippines
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Thanks for the help. God bless.
From Philippines
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Dear Cite Contribution,
Thank you very much. It's really very sweet of you. I have been searching for salary grades as I am assigned the task of grading the employees and also breaking down the salary components. Currently, my organization is paying the employees a lump sum salary amount without any segregation. Your compilation is very beneficial to me at this time.
Thanks again.
Regards.
From India, Mumbai
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Thank you very much. It's really very sweet of you. I have been searching for salary grades as I am assigned the task of grading the employees and also breaking down the salary components. Currently, my organization is paying the employees a lump sum salary amount without any segregation. Your compilation is very beneficial to me at this time.
Thanks again.
Regards.
From India, Mumbai
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Salary & Compensation Guidelines.zip