Need To Creat Band

plz correct me if i am going wrong
I have divided all the employees in 3 levels
C1 C2 C3
1) Executive (1.96-2.4lac 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) (3.5-4.5lac 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) (8.5-10lac p.a & above)

This Needs Policy Statement For Promotion In Case Of Promotion Employee Will Be Elevated To Next Higher Grade With Some Pay Fixation Formula.......
Workout Overlapping And Mid Point Diffeentials

tell me the formula which is used to decided the band. we orself decide the band or there is proper system or formula to do it. help me frns...plzzzzzzzzzzzz

Why Did You Created Single Single Multiple Salary Range. I Mean Where Maximum End A New Range Begins.
This Tendancy Shows Compensation Philosoph Of Your Organization.
People May Not Jump Fast And If Promoted Will Get Very Big Promotional Incrment Because The Will Jump From Lower Grade To Next Higher Grade One Scale Direct?
Think On This...

Hello Sir,
Could you pls explain how can we make job family and how can we optimize our band for using job family.
Is the band sytems just concerned with salary:confused:
Thank you,
Melek

Hi Durga,
I feel what you posted on the top might be good because in every department designation is the same from Exec to Manager, Sr.Mgr, AVP, VP, Director etc. Better to follow one single method either with Salary range give the grades or go with only designation wise. When the salary gets increased employee will move to the next grade which is falling into that
Ravin

plz tell me how do we decide the minimum & max amount of a particular band? is there any formula or logic? plz explain with the example.
Regards,
Durga

Hi Friends,
My manager also assigned me the same work "BANDING". This refers to position of an employee in an organisation (hope am nt wrong here). Wen I started to work on this. I came to know that there are two types of banding.
1. Career banding.
2.Employee banding.
Now which one should I follow?? Agian this banding also includes their experience & salaries ...
Can any1 differentiate between the above & guide me how to go ahead on this... :confused: