HOW TO UTILIZE COMPENSATION SURVEY...

can we have discussion on:
HOW TO
1 Designing and deploying compensation approaches to attract reward and retain talent and drive performance
2) To commission compensation survey and set up the system to process and evaluate internal jobs and ascertains level equivalence
3) optimum mix of fixed pay and variable pay across various functions as well as employee benefits based on the understanding of different kinds of compensation plans
4) How to utilize Salary Report

Hi Colig..
we can definately have discussion on this...
where do you want this concepts to be applied... i mean the industry..
Then we can start putting in our thoughts as to how we can attain it...

Dear Anonymous!!!
Sorry just joking as you haven't mentioned your name don't mind..
See.. This is would be general approach to HR strategy... and therefore, may relate to any industry.... It is Just How to go about it.... the steps an HR professional should take.... What say?...
regards, & thanks for your interest...
Colig

hi Colig...
I am not Anonymous!!! as all the posts are marked by the name of the person who has written in...
just see top left corner of the post...
Again
The strategies would differ from industry to industry depending on the current industry standards and practices.. Also the working environment in each industry is different.. You cannot design a strategy which could be applicable to all the industries... That would be too generic and that kind of strategies are already given in the text books..
What I meant was that let us know the industry and we will try to find specific solutions to the said industry for the given subject...
No offence

Oh Sory Azmal....
Like if you take i am from Pharmaceutical Industry.... what about yours...
Coilg

Azmal/Colig,
I am from Shipping Industry. I am also in the que to clarify my concept on the mentioned topics.
How to ideally make use of Compensation Survey.
What kind of Compensation is suitable, the one with Level wise information or the one with Job Description wise.
Azmal - can you furnish me with the name of the book you are going through.
Deepa

Hi Deepa,
I am a new member. I see that you are in the shipping industry. I am in the freight forwarding/MTO industry and may be we could share some notes on your policies as our company has the bare minimum on policies and I am going about setting up the systems and policies for our organisations.
Jayant

Dear Jayant,
Its great to know that we both share the same Industry.
With regard to Knowledge Sharing, you are always welcome.
Even i will also be benefitted from this.
Deepa :lol:

Dear Cite HR Members,
I would like to request everybody to given their valuable input in this discussion.
Deepa