hi would you please help me in this question (Q) Explain your understanding of the relationship between the salary structure design and the grading system. thank you, jazi
From United Arab Emirates, Abu Dhabi
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From United Arab Emirates, Abu Dhabi
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During manpower planning, recruitment, benchmarking, salary increments, promotions, and decisions on monetary benefits, both salary structure design and the grading system play important roles. If your grading system is properly planned and executed, it will be easier for you to design an effective salary structure.
Regards,
Parth
From India, Delhi
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7Regards,
Parth
From India, Delhi
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Important Considerations for Grading System Preparation
Following points should be important during the preparation of a grading system:
• Nature of business and industry benchmarking.
• Job analysis and job evaluation of each position.
• Impact of behavior, performance, and contribution to the growth of the company, etc.
You can prepare a grading system with grades and subclasses within grades based on the nature of work. This depends on your industry in general and your organization in particular.
(Now give a study to the above points and ask if any particular doubt)
Regards,
Parth
From India, Delhi
Acknowledge(0)Amend(0)
Following points should be important during the preparation of a grading system:
• Nature of business and industry benchmarking.
• Job analysis and job evaluation of each position.
• Impact of behavior, performance, and contribution to the growth of the company, etc.
You can prepare a grading system with grades and subclasses within grades based on the nature of work. This depends on your industry in general and your organization in particular.
(Now give a study to the above points and ask if any particular doubt)
Regards,
Parth
From India, Delhi
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SALARY STRUCTURE & GRADING.xls
Creating a Competitive Salary Structure.doc
Salary Structure.zip