Can any one please share with me how to determine a salary range for different job level?
example:
Technician Level 3 (Min Pay3) ( Max Pay3)
Tehcnician Level 2 (Min Pay2) ( Max Pay2)
Technician Level 1 (Min Pay1) ( Max Pay1)
Can Max Pay1's value more than Min Pay2 or not? Under what circumstances?
Appreciate your advices, thanks in advanced.
Regards
Phoebe
From Malaysia, Kuala Lumpur
example:
Technician Level 3 (Min Pay3) ( Max Pay3)
Tehcnician Level 2 (Min Pay2) ( Max Pay2)
Technician Level 1 (Min Pay1) ( Max Pay1)
Can Max Pay1's value more than Min Pay2 or not? Under what circumstances?
Appreciate your advices, thanks in advanced.
Regards
Phoebe
From Malaysia, Kuala Lumpur
Dear Phoebe,
The salary depends on factors such as
Now suppose in the meantime, you need to increase your employee strength and you hire more talents. At this point of time, you make an offer to a technician who has the same amount of knowledge/ certifications coupled with experience in working in that role. He may not have handled too many escalations, but is aware of the work environment. Hence would take a lower training time. Here you offer him a Min Pay2.
This would build on parity on the next performance reviews , where you can match the salaries of the relatively new and existing employees.
Hope this answers your query.
Regards,
(Cite Contribution)
From India, Mumbai
1858The salary depends on factors such as
- Budget,
- Market value of the skills required
- Dimension of expertise required
- Availability of the talent with the skill sets required
- Trainability of the job
Now suppose in the meantime, you need to increase your employee strength and you hire more talents. At this point of time, you make an offer to a technician who has the same amount of knowledge/ certifications coupled with experience in working in that role. He may not have handled too many escalations, but is aware of the work environment. Hence would take a lower training time. Here you offer him a Min Pay2.
This would build on parity on the next performance reviews , where you can match the salaries of the relatively new and existing employees.
Hope this answers your query.
Regards,
(Cite Contribution)
From India, Mumbai
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