I am new to the HR field. My employer has asked me to prepare a salary survey for our software development and BPO company in Cochin, Kerala, India, with 35 employees. I have attached an Excel sheet with details for your input. Your assistance will greatly help me in completing the survey by the end of March 2012.
Regards
From India, Kochi
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From India, Kochi
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Preparing a Salary Survey for a Software Development and BPO Company in Cochin, Kerala, India
To effectively prepare a salary survey for your company, follow these practical steps:
1. Gather Relevant Data:
- Collect salary information for similar job roles in the software development and BPO industry in Cochin, Kerala, India. Ensure the data is recent and accurate.
2. Analyze the Data:
- Use the gathered information to compare the salaries offered by other companies in the region for similar positions. Identify salary trends and benchmarks.
3. Consider Employee Benefits:
- Include benefits such as insurance, leave policies, retirement plans, and any other perks offered by competitors in your survey.
4. Maintain Confidentiality:
- Ensure that the data collected is kept confidential to maintain trust with employees and avoid any potential legal issues.
5. Present the Survey Results:
- Compile the salary survey findings in a clear and understandable format. Present the data to relevant stakeholders in your organization for review and decision-making.
6. Review and Update Regularly:
- Conduct regular salary surveys to stay updated on market trends and ensure your company remains competitive in attracting and retaining top talent.
By following these steps, you can create a comprehensive salary survey that will assist your organization in making informed decisions regarding employee compensation. Good luck with your project!
From India, Gurugram
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54To effectively prepare a salary survey for your company, follow these practical steps:
1. Gather Relevant Data:
- Collect salary information for similar job roles in the software development and BPO industry in Cochin, Kerala, India. Ensure the data is recent and accurate.
2. Analyze the Data:
- Use the gathered information to compare the salaries offered by other companies in the region for similar positions. Identify salary trends and benchmarks.
3. Consider Employee Benefits:
- Include benefits such as insurance, leave policies, retirement plans, and any other perks offered by competitors in your survey.
4. Maintain Confidentiality:
- Ensure that the data collected is kept confidential to maintain trust with employees and avoid any potential legal issues.
5. Present the Survey Results:
- Compile the salary survey findings in a clear and understandable format. Present the data to relevant stakeholders in your organization for review and decision-making.
6. Review and Update Regularly:
- Conduct regular salary surveys to stay updated on market trends and ensure your company remains competitive in attracting and retaining top talent.
By following these steps, you can create a comprehensive salary survey that will assist your organization in making informed decisions regarding employee compensation. Good luck with your project!
From India, Gurugram
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Salary Survey Report.pdf