Dear colleagues,
I'd like to know how pay grades are typically arrived at. What are the different methods used, and the steps that you would follow to group jobs together into pay grades? What is your definition of a pay grade? Do you personally use banding?
I don't have much experience in compensation and am looking to broaden my knowledge in this area. Any literary suggestions are welcome.
Thank you for your warm welcome to this site. As a new member, I find it highly beneficial and participative. Please visit my post in the Introductions forum to know more about me. You can also download mine and my partner's vitae and the consulting services we offer all over the globe.
Thank you all.
With regards,
Mubeena Mohd
From United Arab Emirates, Dubai
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2I'd like to know how pay grades are typically arrived at. What are the different methods used, and the steps that you would follow to group jobs together into pay grades? What is your definition of a pay grade? Do you personally use banding?
I don't have much experience in compensation and am looking to broaden my knowledge in this area. Any literary suggestions are welcome.
Thank you for your warm welcome to this site. As a new member, I find it highly beneficial and participative. Please visit my post in the Introductions forum to know more about me. You can also download mine and my partner's vitae and the consulting services we offer all over the globe.
Thank you all.
With regards,
Mubeena Mohd
From United Arab Emirates, Dubai
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Hi,
The best way to gain knowledge on the subject is by reading textbooks to understand the basic theory. I would suggest that you read "Compensation" by Milkovich and Newman. Then, we can always discuss the issue on MSN. My id is arshiva2004@hotmail.com.
Regards, Ravindra
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The best way to gain knowledge on the subject is by reading textbooks to understand the basic theory. I would suggest that you read "Compensation" by Milkovich and Newman. Then, we can always discuss the issue on MSN. My id is arshiva2004@hotmail.com.
Regards, Ravindra
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Hello Mubeena,
I am also looking for this information. Anyway, I have decided to start this process with job analysis and compilation of job descriptions. After that, I am planning to divide the workforce into technical and non-technical groups and provide grades based on their educational qualifications and experience.
After the grading is over, I am planning to consult with other HR executives to learn about the current compensation packages available for companies in our line of business. When I get that information, I will advise the management to revamp the salary structure.
From United Arab Emirates, Dubai
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I am also looking for this information. Anyway, I have decided to start this process with job analysis and compilation of job descriptions. After that, I am planning to divide the workforce into technical and non-technical groups and provide grades based on their educational qualifications and experience.
After the grading is over, I am planning to consult with other HR executives to learn about the current compensation packages available for companies in our line of business. When I get that information, I will advise the management to revamp the salary structure.
From United Arab Emirates, Dubai
Acknowledge(0)Amend(0)Join Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
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