Based on labor market trends, what should an organization (start-up) set as starting pay for each position?
From India, Mumbai
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From India, Mumbai
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Fixation of salary is depend on place of posting and scheduled employment.
From India, Faridabad
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From India, Faridabad
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The norm is to follow industry and regional practices. Find out the salaries in the industry within the region, as well as in various industries in the locality, as a guiding factor. Balance this figure with the capacity of your unit to pay.
At any rate, while preparing the project report, certain sums would have been reckoned. Compare those figures with the standards in other units and in other local industries.
From India, Mumbai
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1593At any rate, while preparing the project report, certain sums would have been reckoned. Compare those figures with the standards in other units and in other local industries.
From India, Mumbai
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Compensation Benchmarking Survey.doc
Salary & Compensation Guidelines.zip