My organization, a commercial bank, is contemplating doing away with pay scales for various cadres, grades, and positions. Currently, we have 36 scales for clerical officers, line executives, and senior executives, for example, 4625-375-7750 eb- 490-13950 for grade 11 officers. How can we consolidate the scales into 10/11 bands with incremental differentials of 15-17.5% and establish a minimum and maximum for each band? Please guide me on whether this process is appropriate.
From Pakistan, Lahore
Acknowledge(0)
Amend(0)
From Pakistan, Lahore
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Creating a Competitive Salary Structure.doc
Compensation Structure.ppt