Grading System And Salary Structures
Attraction, retention and motivation are among the primary objectives of operating an equitable, balanced and well-designed compensation and benefits strategy. Other key benefits derived from operating such a system include the following:
• Ensuring internal, external and individual equity within the organization.
• Motivating staff.
• Intelligently administering the cost of salaries.
• Increasing employee loyalty.
The People Plus Approach
• We select the suitable job evaluation methodology, ranking system, classification system, factor comparison system and point system for your organization.
• We conduct job evaluation by committee to ensure internal equity.
• We conduct a salary survey to assure external equity. (Please visit our Surveys Section for more information on our salary surveys and other surveys).
• We create pay grades and pay range in line with internal and market realities and based on your organization’s desired position in the market.