Answer to Question #77421 in Other Management for Noor
How can Hr administer a complex pay structure that reward pay increases on a regular basis?
First, HR usually conducts different surveys about salary and payment rank of the other employers for similar positions. This way he/she establishes the potential payment rate among the job group. Next, HR regularly evaluates the value of the market occupation, so that jobs without complex requirements are rewarded in comparison to the subordinate qualifications. Also, HR entails forming pay grades which contain profession with similar implication. Finally, HR creates payment range based on the payment structure so that the income secures the payment rate for each range.
No comments. Be first!