Hi I am looking for information and preferably a presentation on normalization process. Though I have basic knowledge of the topic, I would like some more information. Thank You Richa
From India, Pune
24From India, Pune
Hi Richa,
You may like to be more explicit on your requirements and understanding of a normalization process. Do share your basic knowledge so that we can interact more specifically.
On very generic terms, it will involve:
1. Neutralization of COLA
2. Industry specific norms
3. Paying capacity
4. Normalization of pay inequities, both internal and external
5. C&B structuring and banding
6. Balancing pay-benefits-perks
7. Taxation optimization
Regards,
Rahul Kumar
From India, New Delhi
You may like to be more explicit on your requirements and understanding of a normalization process. Do share your basic knowledge so that we can interact more specifically.
On very generic terms, it will involve:
1. Neutralization of COLA
2. Industry specific norms
3. Paying capacity
4. Normalization of pay inequities, both internal and external
5. C&B structuring and banding
6. Balancing pay-benefits-perks
7. Taxation optimization
Regards,
Rahul Kumar
From India, New Delhi
Hi Rahul
Thank you for your response.
The knowledge / info that I have of a normalisation process is:
Once the appraisals are completed and data collated, HR and relevant managers discuss and categorise the ratings so as to fit it into the bell curve.
Correct me if I am wrong.
Would be helpful if you can help me further.
Thanks
Richa
From India, Pune
Thank you for your response.
The knowledge / info that I have of a normalisation process is:
Once the appraisals are completed and data collated, HR and relevant managers discuss and categorise the ratings so as to fit it into the bell curve.
Correct me if I am wrong.
Would be helpful if you can help me further.
Thanks
Richa
From India, Pune
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