What Should Be Included in a Compensation Policy? Seeking Expert Advice and Resources

Hi all,

I have recently joined this group in search of the contents of a Compensation Policy. Currently, we have already established policies on Leave, LFA, Performance Management, Separation, etc., but we do not have a separate compensation policy.

Could an expert please share their expertise on what should be included in the Compensation Policy? Additionally, if possible, could you share a document or reference for further study?

Regards,
SIRB

Dear Friends,

Can someone share his/her expertise on what should be included in the compensation policy and also, if possible, share some document or reference for study?

Thank you.

Dear Friends,

I am attaching two files for you. I hope that this is useful for all members.