One of my readers Naim asked me about how job grading and salary scales / salary ranges are linked so I will cover the steps leading to the design of the salary structure in an organisation. “Banding” or “job grading” is done in order to enable comparison of roles across departments and functions within and…
What is your approach to aging ?
November 1, 2011 by 5 Comments
… I’m referring to aging salary survey data, of course 🙂 The big compensation providers are starting to return the results of their 2011 surveys, and now is the time to get started on the analysis of the data. So, a few months ago, you participated to the survey. The data you submitted was dated…
New hires vs employees : 3 salary situations and how to handle them
October 6, 2011 by 1 Comment
Imagine the scene : you are sitting at your desk, happily going along your normal HR activities, when an employee (let’s call him John) enters your office and expresses some concern over his compensation. More specifically, he says, he knows that some of his former colleagues at his previous employer, “who were earning the exact…
The best order in which to apply salary increases in any organisation
October 4, 2011 by 6 Comments
Salary review time is approaching fast and so today I wanted to write about the order in which we apply salary increases. Does it matter ? Or is it totally irrelevant to what you are trying to achieve when going through your internal and external equity reviews ? First, let’s have a look at the…
Reader Question – What to consider for salary planning ?
September 13, 2011 by Leave a Comment
Today’s reader query is suggested by a question asked by a LinkedIn member, who wanted to know : “What indicators are important in your company planning (changing, reviewing) pay policy for next year ?”. Just like for any other year, I suggest going through a four-step approach : 1 – Is my pay policy still…
Compensation surveys – the ultimate buyer checklist
September 6, 2011 by 2 Comments
Maybe you are expanding into a new country, or you need complementary information on top of the one you already possess in your markets. So you are considering participating to a compensation survey. Beyond the price and reputation of the provider of compensation data, here is a checklist, in no particular order, of what you…
