Hello all,
I am working with an engineering consultancy firm with 1500 employees. I have been allotted a job to redesign the salary structure, including A) Fixed and B) Variable components.
A) Fixed - This component should include fixed salary items like Basics, HRA, etc.
B) Variable - This should be related to target-oriented or job-oriented incentives to motivate employees.
Please assist me in redesigning the salary structure with these two components. Or provide ideas on what items I should include in Fixed and Variable heads.
You can also email me at hirani_p@hotmail.com.
Thank you.
With regards,
Pankaj
From United States
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6I am working with an engineering consultancy firm with 1500 employees. I have been allotted a job to redesign the salary structure, including A) Fixed and B) Variable components.
A) Fixed - This component should include fixed salary items like Basics, HRA, etc.
B) Variable - This should be related to target-oriented or job-oriented incentives to motivate employees.
Please assist me in redesigning the salary structure with these two components. Or provide ideas on what items I should include in Fixed and Variable heads.
You can also email me at hirani_p@hotmail.com.
Thank you.
With regards,
Pankaj
From United States
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Creating a Competitive Salary Structure.doc
Salary Structure.zip