Hi,

I have recently joined an online IT services organization, and I have been entrusted with an assignment on HR. How are different levels in an organization arrived at, and how are salaries fixed for each level or grade? Is it based on experience that the levels are fixed, or is there any other criteria? Also, I would appreciate details regarding the different levels in an organization and the salary slabs that are fixed.

Please help me. Thank you.

From India, Bangalore
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Hello Helen, I suggest you do the research first and then come back with your status of progress and later if your have confusions, we may discuss on those issues........
From India, Bangalore
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Hi,

Thanks for your response. I have spoken to a few of my contacts in the HR field, and the inference I have received is that there is a separate team in the organization who conducts the market survey. It is based on this survey that the salary is determined. Different levels in the organization are based on experience, education, and niche skills that individuals possess.

Please guide.

Regards,
Sheeba

From India, Bangalore
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true, but that is more of a general explanation. Do not think has come out of research........ If that was all you needed well and good, glad...... Have a nice day.....
From India, Bangalore
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Hi,

I hope you are doing well.

It may seem difficult at first, but it's not that complex. Here is a step-by-step guide:

1) First, prepare an organizational chart department-wise.
2) Next, establish the hierarchy of departments.
3) Choose your department.
4) Obtain a job profile or create one based on general criteria.
5) Determine a gross salary by either inquiring about the current salary range or selecting a reasonable amount yourself.
6) Gather information on the benefits offered by the company to employees, including any specific benefits within the department.
7) Understand the deductions made by your company, or refer to general guidelines.
8) Break down the gross salary into components: basic pay, House Rent Allowance (HRA), other allowances, special allowances, minus Professional Tax (PT), education cess, and any other deductions like Provident Fund (PF).

By following these steps, you will have a comprehensive overview of the department and how salaries are distributed.

Salary structures are determined based on company policies, which can vary across industries and organizations. Factors such as experience, job designation, qualifications, and market trends influence salary fixation. Detailed information can be found through research online.

This guidance is intended for general learning purposes. If you need a specific format, I recommend seeking assistance from someone who may have one to share.

Best of luck.

From India, Bangalore
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Hi Sravanthi, Sure, we may calculate it, but before that, may you help me explaining what is gross salary and what is CTC??
From India, Bangalore
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