Hi, please tell me about employee grades and their bands. If you could provide detailed information, it would be appreciated. I understand that these classifications are used for salary purposes and may vary from company to company. If you have any details on how the grading and bands are assigned to employees, and if you possess the grading and band structure for all positions, it would be great. I am eagerly waiting for your reply.
Regards.
From India, Mumbai
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1Regards.
From India, Mumbai
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Understanding Pay Bands
Pay bands are created as part of a well-organized and structured compensation plan. Bands help classify the salaries of employees in a grade system as well as in a band. For example, a helper and a driver might receive the same salary at the same level. To classify their salaries and the salaries of employees at the same level or who are doing similar jobs, they are grouped into one category, known as pay bands.
To know more about these, there are links from the forum that can help you understand it better with examples:
- [How to Create Salary Band](https://www.citehr.com/246866-how-create-salary-band.html)
- [Need to Create Band](https://www.citehr.com/133800-need-creat-band.html)
Hope it resolves your query.
From India, Delhi
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Pay bands are created as part of a well-organized and structured compensation plan. Bands help classify the salaries of employees in a grade system as well as in a band. For example, a helper and a driver might receive the same salary at the same level. To classify their salaries and the salaries of employees at the same level or who are doing similar jobs, they are grouped into one category, known as pay bands.
To know more about these, there are links from the forum that can help you understand it better with examples:
- [How to Create Salary Band](https://www.citehr.com/246866-how-create-salary-band.html)
- [Need to Create Band](https://www.citehr.com/133800-need-creat-band.html)
Hope it resolves your query.
From India, Delhi
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Employee's Compensation Act-2009.pdf
Employee grades.xls