No Tags Found!


Manju Hatgaonkar
Hi all, Please provide me the salary structure or grade structure for an engineering company deals with subsea, offshore oil gas and marine industry.
From India, Delhi
lalvallabhm
18

can you help me out with the salary range and the different designation that you are following .. I may be in a position to help you out
From India, Mumbai
vibhakar
80

Dear Manju;
To decide the salary structure you need to take into account basically two factors. First is what is the % cost affordable for the company on labour and secondly how many jobs do you have so that you can equitably distribute that amount among various jobs according to their contributions.
You can start on listing the jobs and their grouping into maximum 3 to 5 groups. The salary difference between these groups can be lowest group salary is x then one higher group salary should be 110% x or 115% x.
Then you consider the quantum of salary that company can afford. You can now easily distribute that amount in to salary grades.
There are many more minute details. But the above is the basic and most important of all.
Vibhakar Ramtirthkar
HR Consultant
9371001906

From India, Pune
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.