hi,You can surely have something like flexible components in the salary structure.This could be possible if you can add the following reimbursements
  1. Food Vouchers - Employees can decide on the amount depending on the usage.
  2. Medical: Employees would need to submit the bill of their medical expense
  3. Attire
  4. Prof Pursuit
  5. etc
These components would be taxfree for the employees, but the company would have to pay FBT. Medical :

From India, Ahmadabad
ashwini rege

Hi Monarch,
Excellent material on compensation mngt.
I had a question , if i may ask ...
If a Job Analysis exercise is completed how does one go about doing Job evaluation and then linking it with the salary ranges / slabs ?
I am not refering to the techniques that you have metioned in the PPT but my question is on a opeartional / execution front.
best regards

v srilatha
hi monarch,c can u help me to create employee benefits scheme...and u have given very useful info ...thanx.hope i will get reply from u..
From India, Hyderabad
I am just doing training in AS/400 (RPG/400, CL/400, DB2/400, and ILE)
I want some tips abt this domain knowaledge, if someone is related to this
pls reply and forward to my e mail ID.
I would be thankful to all of you.
Anupam Srivastava

From India, Kanpur
Thanks for your sharing. I just wonder in your ppt, what Hay system is belong to which method of Job evaluation ? And could you help me to compare the Mercer system with Hay system ?
From Vietnam, Ho Chi Minh City

Very nicely put across and really comprehensive.
You are worth a great "thanks"
Also suggest if you could put in some practical examples
for example difference between a job and position etc
It would really make this theory more absorbable.

From United States, Somers
krupa h
thanks it was really very useful information .. can suggest some more information abt compensation management.... thank u waiting for ur response krupa
From India, Bangalore
Hi, Am new to this site and am a nurse taking my Master in Nsg majoring in Nursing Admin...Am looking for Wages and Salary Administration informations. Need help. Please send links. Thanks
From Philippines, Manila
if its a opc company... what type of appraisal system should be used by the manager?
From India, Ranchi

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