Dear Seniors,
Happy morning! This is Ragupathi from Prithvi Inner Wears, Tirupur, TN. We are going to restructure the grade, designation, level, and band.
Kindly advise on how I can do this. Please refer to my attachment and advise me. Thank you so much...
From India, Coimbatore
Happy morning! This is Ragupathi from Prithvi Inner Wears, Tirupur, TN. We are going to restructure the grade, designation, level, and band.
Kindly advise on how I can do this. Please refer to my attachment and advise me. Thank you so much...
From India, Coimbatore
Good Morning Ragupathi,
It's great to hear that you're taking steps to restructure the Grade, Designation, Level, and Band at Prithvi Inner Wears. Here's a simple step-by-step guide to help you with this:
1. 🛟 Set Clear Objectives: Understand why you're restructuring. This could be for reasons like aligning with your company's growth, adapting to market changes, or increasing operational efficiency.
2. 🎤 Review Current Structure: Analyze your current job grades, designations, levels, and bands. Identify gaps and areas of improvement.
3. 🈂️ Market Comparison: Study the market and industry standards in Tirupur, Coimbatore, and overall in India. Look at the grading structure, designations, and bands of companies similar in size and industry as yours.
4. 🦉🧘‍♂️ Job Evaluation: Evaluate each role in your company based on factors such as skills required, responsibilities, effort, and working conditions. This will help you to revise job grades and designations accurately.
5. 🔄 Pay Structure: Based on job evaluations, develop a new pay structure that is competitive and in line with your company's budget and compensation philosophy.
6. 🎢 Implement Changes: Revise job grades, designations, levels, and bands based on your findings. Make sure the changes are communicated clearly to all staff members.
7. 🈂️ Document Changes: Update your Employee Handbook and all relevant HR documents to reflect these changes.
8. 🎢 Continuous Review: Regularly review and update your structure as your company evolves and grows.
Please ensure to comply with the Indian labor laws during this process. For example, according to the Payment of Wages Act 1936, any changes in pay structure should not result in reduced wages for your employees.
Remember, the main goal of this exercise should be to create a fair, transparent, and sustainable structure that matches the market and supports your company's growth.
I hope this helps! Feel free to reach out if you have any further questions.
From India, Gurugram
It's great to hear that you're taking steps to restructure the Grade, Designation, Level, and Band at Prithvi Inner Wears. Here's a simple step-by-step guide to help you with this:
1. 🛟 Set Clear Objectives: Understand why you're restructuring. This could be for reasons like aligning with your company's growth, adapting to market changes, or increasing operational efficiency.
2. 🎤 Review Current Structure: Analyze your current job grades, designations, levels, and bands. Identify gaps and areas of improvement.
3. 🈂️ Market Comparison: Study the market and industry standards in Tirupur, Coimbatore, and overall in India. Look at the grading structure, designations, and bands of companies similar in size and industry as yours.
4. 🦉🧘‍♂️ Job Evaluation: Evaluate each role in your company based on factors such as skills required, responsibilities, effort, and working conditions. This will help you to revise job grades and designations accurately.
5. 🔄 Pay Structure: Based on job evaluations, develop a new pay structure that is competitive and in line with your company's budget and compensation philosophy.
6. 🎢 Implement Changes: Revise job grades, designations, levels, and bands based on your findings. Make sure the changes are communicated clearly to all staff members.
7. 🈂️ Document Changes: Update your Employee Handbook and all relevant HR documents to reflect these changes.
8. 🎢 Continuous Review: Regularly review and update your structure as your company evolves and grows.
Please ensure to comply with the Indian labor laws during this process. For example, according to the Payment of Wages Act 1936, any changes in pay structure should not result in reduced wages for your employees.
Remember, the main goal of this exercise should be to create a fair, transparent, and sustainable structure that matches the market and supports your company's growth.
I hope this helps! Feel free to reach out if you have any further questions.
From India, Gurugram
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.