Dear All,
Kindly suggest us a way to harmonize the salary structure, like we have introduced the band structure last year but theres a problem the salaries of some employees are already more than what it should be in actual as per their band level and designation..Please suggest that how do we control the band levels as per hierarchy n manage payroll accordingly..
Looking forward to your response.
From India, Chandigarh
17Kindly suggest us a way to harmonize the salary structure, like we have introduced the band structure last year but theres a problem the salaries of some employees are already more than what it should be in actual as per their band level and designation..Please suggest that how do we control the band levels as per hierarchy n manage payroll accordingly..
Looking forward to your response.
From India, Chandigarh
It may not be possible to reduce the salary level in a particular band to some employees which you feel they are disproportionately fixed. Better rationalise the pay structure at different bands for uniformity and implement variable component based on performance.
Pon
From India, Lucknow
Pon
From India, Lucknow
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Published_draft _rules_on Employees_ compensation 3.6.2020.pdf
Compensation Benchmarking Survey.doc