Hi All: Please let me know your thoughts on, Should salary bands be transparent to employees. and what would be the significant impact of this on organisation. kindly pour in your view points.
From India, Mumbai
From India, Mumbai
hi,
by making salary bands transparent we can develop a level of trust between the employees towards the organization...
bt the caution should be taken that the employees will not compare each others salary.
because it will create dissatisfaction between them as a normal human nature.
regards:
nidhi ranpuriya
From India, Bhopal
by making salary bands transparent we can develop a level of trust between the employees towards the organization...
bt the caution should be taken that the employees will not compare each others salary.
because it will create dissatisfaction between them as a normal human nature.
regards:
nidhi ranpuriya
From India, Bhopal
what a question?
salary grades and bands are non-confidential matters. these are supposed to be open and transparent matters for all employees in an organization. employees must know their current job grade/ band and the consequent impact of their internal career movements, especially when they are transferred and/ or their pay are adjusted.
however, transparency in the grades and bands does not mean revelation or making public the individual actual salary rates of employees. this is an entirely different issue.
in making grades and bands transparent, employees should only be told about the rate range of each band, esp the band where his/ her position belongs. when an employee is told about the rate range of his/ her job grade/ band, he/ she will know the maximum pay potential that he/ she still has in the future.
best regards.
ed llarena, jr.
managing partner
Emilla Consulting
manila, philippines
ksa mobile: 00966-54-223-7804
From Philippines, Parañaque
salary grades and bands are non-confidential matters. these are supposed to be open and transparent matters for all employees in an organization. employees must know their current job grade/ band and the consequent impact of their internal career movements, especially when they are transferred and/ or their pay are adjusted.
however, transparency in the grades and bands does not mean revelation or making public the individual actual salary rates of employees. this is an entirely different issue.
in making grades and bands transparent, employees should only be told about the rate range of each band, esp the band where his/ her position belongs. when an employee is told about the rate range of his/ her job grade/ band, he/ she will know the maximum pay potential that he/ she still has in the future.
best regards.
ed llarena, jr.
managing partner
Emilla Consulting
manila, philippines
ksa mobile: 00966-54-223-7804
From Philippines, Parañaque
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.