I joined as an Assistant Manager - HR in a private IT company. Can anyone give me some ideas on band structure and current market salary trends in tier 2 IT companies? I need to form a salary band based on it.
Regards,
Priya
From India, Madras
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Regards,
Priya
From India, Madras
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Dear Priya,
Please go through the various types of bands.
Steps to Create a Band Structure
FIRST, CREATE A LIST OF TOTAL JOB POSITIONS IN THE ORGANIZATION. SECOND, SEGREGATE THEM INTO JOB FAMILIES AS PER OCCUPATIONAL CLASSIFICATIONS - TECHNICAL, ADMINISTRATION, PROFESSIONAL, ETC. THIRD, PLACE THEM AS PER THEIR IMPORTANCE AND MERIT IN ORDER OF MOST IMPORTANT TO LEAST IMPORTANT IN VERTICAL LEVELS OF JOBS FOR PLACING INTO HIERARCHICAL GRADE LEVELS. FOURTH, CLUB THEM INTO A CLUSTER OF JOBS IN A HORIZONTAL GRADE STRUCTURE WITH MINIMUM TO MAXIMUM SALARY SPREAD WITH MINIMUM-MID-MAXIMUM SALARY RANGE IN EACH GRADE. THEN DENOTE THOSE GRADES AS A, B, C, D, OR M1, M2, M3, WHATEVER YOU FEEL FIT AS GRADE STRUCTURE.
C1 C2 C3 1) Executive (1.96-2.4 lac p.a) (2.4-2.7 lac p.a) (2.7-3.0 lac p.a) B1 B2 B3 2) Manager (2.5-3.5 lac p.a) (3.5-4.5 lac p.a) (4.5-5.5 lac p.a) A1 A2 A3 3) GM & Above (4.5-6.5 lac p.a) (6.5-8.5 lac p.a) (8.5-10 lac p.a & above)
Band Level Position Type of Activity and Scope for Initiative
I L1 Head of Organization Leading the organization and responsible for its growth and bottom line
II L2 Head of Department Leading a particular department of the organization and responsible for its processes and outcomes
III L3 L4 Manager Assistant Manager Manage systems to achieve agreed results in the short to medium term and responsible for the output from the processes
IV L5 L6 Senior Executive, Sr. Acct, Sr. Engineer Executive, Acct, Officer, Engineer Individual or team tasks against preset objectives Completing specific operational tasks
IC1 L7 L8 Technicians Secretary, Office Assistant Completing specific operational tasks
IC2 L9 Driver, Security, Cleaner Works on specified routines & standing instructions
Hi, The levels at our organization are as follows: L1 - COO L2 - VP L3 - DIRECTORS L4 - GM L5 - DGM L6 - SR. MANAGER L7 - MANAGER L8 - ASST MANAGER L9 - SR. EXECUTIVE L10 - EXECUTIVE
Regards
From India, Bangalore
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1Please go through the various types of bands.
Steps to Create a Band Structure
FIRST, CREATE A LIST OF TOTAL JOB POSITIONS IN THE ORGANIZATION. SECOND, SEGREGATE THEM INTO JOB FAMILIES AS PER OCCUPATIONAL CLASSIFICATIONS - TECHNICAL, ADMINISTRATION, PROFESSIONAL, ETC. THIRD, PLACE THEM AS PER THEIR IMPORTANCE AND MERIT IN ORDER OF MOST IMPORTANT TO LEAST IMPORTANT IN VERTICAL LEVELS OF JOBS FOR PLACING INTO HIERARCHICAL GRADE LEVELS. FOURTH, CLUB THEM INTO A CLUSTER OF JOBS IN A HORIZONTAL GRADE STRUCTURE WITH MINIMUM TO MAXIMUM SALARY SPREAD WITH MINIMUM-MID-MAXIMUM SALARY RANGE IN EACH GRADE. THEN DENOTE THOSE GRADES AS A, B, C, D, OR M1, M2, M3, WHATEVER YOU FEEL FIT AS GRADE STRUCTURE.
BPOITSupport ServicesA2CxO / Sr. VPA1VPB2Financial Controller / Assoc. VPB1AVP / Financial ControllerC4Sr. ManagerProgram ManagerSr. ManagerC3ManagerManager / Project ManagerManagerC2Dep ManagerAsst. Manager-IT, Team Lead-IT / Tech Lead-IT / Principal Engineer-ITDep ManagerC1Asst ManagerSenior Engineer-ITAsst ManagerD3Team LeaderEngineer-ITAsst ManagerD2Sr. Process ExecutiveJr. EngineerSr. ExecutiveD1Process Executive
C1 C2 C3 1) Executive (1.96-2.4 lac p.a) (2.4-2.7 lac p.a) (2.7-3.0 lac p.a) B1 B2 B3 2) Manager (2.5-3.5 lac p.a) (3.5-4.5 lac p.a) (4.5-5.5 lac p.a) A1 A2 A3 3) GM & Above (4.5-6.5 lac p.a) (6.5-8.5 lac p.a) (8.5-10 lac p.a & above)
Band Level Position Type of Activity and Scope for Initiative
I L1 Head of Organization Leading the organization and responsible for its growth and bottom line
II L2 Head of Department Leading a particular department of the organization and responsible for its processes and outcomes
III L3 L4 Manager Assistant Manager Manage systems to achieve agreed results in the short to medium term and responsible for the output from the processes
IV L5 L6 Senior Executive, Sr. Acct, Sr. Engineer Executive, Acct, Officer, Engineer Individual or team tasks against preset objectives Completing specific operational tasks
IC1 L7 L8 Technicians Secretary, Office Assistant Completing specific operational tasks
IC2 L9 Driver, Security, Cleaner Works on specified routines & standing instructions
Hi, The levels at our organization are as follows: L1 - COO L2 - VP L3 - DIRECTORS L4 - GM L5 - DGM L6 - SR. MANAGER L7 - MANAGER L8 - ASST MANAGER L9 - SR. EXECUTIVE L10 - EXECUTIVE
Regards
From India, Bangalore
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