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Internal equity on salary benchmarking without any market data. is this do-able?
I have been tasked to create a salary structure and all i have to work with is internal data current salary job levels without any market data. is this doable? can someone give me some insights on how i can do this?
Salary survey 2007-2008
Dear sir/madam currently i am working as a hr executive in one of the mnc concern it s entirly taiwan based. in our company are making a proposal of new salary matrix that will be going to release in the month of july before that they are going to have a look for some salary survey in indian market. after making all that survey they are going to have a short meeting with all business unit heads for a clarification on that... my chinese boss assigned on me the same job to get the details from indian market. can you suggest me to provide the details of the salary survey from various mnc concerns.. this will be helpful to make them to satisfy and also we prevent them for an employee who are going to leave the job. thanks and regards handrakumar xecutive.
How to do salary - market corrections?
Hi can anyone advice me on how an hr should check whether the salaries bieng out to the employees are up to the market standards. what are the various ways of market correction analysis that an hr can do? this will help me understand whether the employees are underpaid or overpaid as per the market competitiveness. regards menta
Salary increase 2009 2010 (source of info)
Hello colleagues. i understand my query may look a little out of place given the current employment market situation but nevertheless this will be something we all will need to begin researching soon if like me we havent done so yet :icon1: we are in the midst of planning/ budgetting for salary increase 2010 i.e. performance cycle 2009 with salary increase effective april 2010. i am aware that hewitt s salary increase survey and other such reports will be published post august '09. is there any other source i can use other then commissioning a survey to find out indicative inflation rates and salary increase 2009 2010 ? thanks in advance for your help
Retention policy - as per current market trends and lucrative market, employees are resigning one by one
I am working with an it company. as per current market trends and lucrative market employees are resigning one by one and it is not possible to match their expectations in terms of salary as business is not growing as per their salary expectations rate. hence i want to design a retention policy to retain the new joiners at least or any methods if you can suggest to lower the attrition. regards swati
Recommendation letter from human resources for a market/equity adjustment
Hi i need to write a recommendation letter to management to raise an employee s salary based on market equity. as the said employee got a job offer much higher than his existing package. and we need to retain him. thanks. urooj