Dear Shruti,
If you are seriously work on this project, then everyone of us will help you. For good judgement and proper conclusion. I wish to offer you one measurement which will be more systematic and scientific tool for placing and analyzing jobs size and job level.
For detail salary survey take all jobs families in various classifications as follows:
All job families to slotted with equal job weightages to club them into one level of job and use experience ladder of every 5 year slabs as measurement scale of pricing.
JOB FAMILIES:
Administration- Administrative jobs (Secretarial, Clerical, office assistant, Business Assistant etc)
Professionals- Management- Middle and Senior
Specialist – Consulting Know-How (Legal, C.A, Architecture & Structural, IR, Technologist)
Engineering- Mechanical, Electrical, Chemical,
Research & Development- Doctor, Scientist, Chief Analyst,
IT-
1. Every Job you will find different salary depending on- Sector/ Industry/Region.
2. Place them in one bracket of experience scale of every five years and arrange them as salary range from minimum to maximum salary range depending on job level and size.
3. Arrange all salary range minimum to maximum salary on five years’ experience scale.
4. Define them as minimum- mid- maximum as range of salary for five year slab as market value of the job.
5. Refine the midpoint of the salary range of each job in similar 5 year slab experience club as indicator of market average.
6. Define highest salary in range as maximum experience and lowest as beginner in that experience slab.
7. Add 5% plus or minus for error of judgment to adjust your results to become more realistic will be a real salary scale for that nature and level of job in the market.
BADLU