Hello Dear members, Hope you all are doing well and staying safe.
Am sharing my job and salary details below, I always feel am under paid... please help me know whether my salary is as per the market standards? If not please help me how to convey this to the company in polite and firm manner.
Am working for the organization from past 6+ yrs and always the hike percentage is very low.
Education: MBA in HR, Six Sigma Black Belt
Designation: HR & Admin Manager
Exp: 9+ yrs
Location: Bangalore (Head Office in USA)
No. Of employees: 50 (in Bangalore)
Current Gross Pay: Rs. 53,000/month (increment due Mar 1st 2021, they are negotiating for 10-15 % hike)
The company is into staffing and other than recruiters am the only HR in the Organization handling all core activities single-handedly.
Preparation, revision and regularization of company HR policies and procedures.
Follow up with clients for SOW, PO and RAF generation.
Conducting interviews with the candidates, salary and notice period negotiation and follow up with the candidates till they join the organization
Issuing offer letters and appointment letters.
On boarding & pre-joining of employees.
Standardize the joining formality process of new employees (Welcome circular, Introduction, Emp Code, ID Cards, Stationary, Bank Account, Time Sheet etc)
Ensuring email ids and other user access is created for new joinees.
Maintaining employee records (soft and hard copies)
Updating HR databases (e.g. new hires, separations, vacation and sick leaves)
Tracking the attendance and leaves of all staff as per organization requirement and communication.
Processing payroll, which includes ensuring vacation and sick time, reimbursements, incentives, loans and advances are tracked in the system.
Payroll and related statutory compliances
Maintaining HR files and database.
Performing file audits to ensure that all required employee documentation is collected and maintained.
Termination and full & final settlements of employees, issuing relieving letters and experience certificates.
Handling various issues/queries of employees and vendors regarding PF, TDS, Professional Tax, GST etc.
Handling Employees complaints and grievances.
Preparing budget, costs and expenses sheets every month.
Staying on top of follow-ups for payables and receivables.
Identify, analyze and resolve problems as they may occur in the course of processing invoices.
Communicate with clients, buyers and management regarding discrepancies if any on invoices and purchase orders.
Ensuring taxes, rents and other bills are paid on time.
Hello Dear member, Your input will help me to clear my confusion, whether to accept 15% hike, or to negotiate or to leave the current organization. Looking forward for your replies.
From India, Bangalore
You should not consider your present pay package is less rather competitive. You should negotiate for 15 % hike.
From India, Mumbai
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views using the reply box below. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone.