发展中的薪酬结构.pptx

Session 4;WHAT IS A SALARY STRUCTURE?;;IMPORTANCE OF SALARY STRUCTURES;ISSUES IN DEVELOPING SALARY STRUCTURES;DESIGN CONSIDERATIONS ;Number of salary structures Pay Policy Line Number of salary grades Midpoint-to-midpoint differentials Salary range spreads Salary range overlap;Number of salary structures Pay Policy Line Number of salary grades Midpoint-to-midpoint differentials Salary range spreads Salary range overlap;Definition: Is a group of jobs similar in job worth or size Links the evaluation points or value of a job its assigned pay ;TOO MANY recognize extremely fine distinctions of jobs;;Formula for Salary Range Spread Salary Range = Maximum - Minimum X 100% Spread Minimum Example:- 1500 - 1000 X 100% = 50% 1000 ;SALARY RANGE SPREADS;SALARY RANGE SPREADS;Entry level jobs - 30% ~ 40% Professional Supervisory - 50% ~ 60% Management - 60% ~ 75% Senior Executives - 75% ~ 100%;Graphical Example of Inconsistent Salary Range Spreads;LARGE OVERLAP;;;CASE ILLUSTRATION;Develop internal hierarchy Group jobs into grades Collect analyse market data Collect incumbent data Calculate grade midpoints Run analysis Develop salary structure;;COLLECT ANALYSE MARKET DATA;;COLLECT INCUMBENT DATA;;Graphical Example of Actual Incumbent’s Current Annual Basic Salary Against Proposed Grades;CALCULATE GRADEMIDPOINTS;;market trend line;DEVELOP SALARY STRUCTURE;Example of Proposed Salary Structure with Current Pay;Managing cost of implementation Handling “under-paid” Handling “over-paid” Communicating grading;What we value is changing: From jobs that are valued for: Level in the hierarchy Task complexity/years of education required Number of people supervised The size of the budget controlled;TRENDS IN SALARY STRUCTURES -OBJECTIVES OF TRADITIONAL GRADE STRUCTURES;TRENDS IN SALARY STRUCTURES -OBJECTIVES OF EMERGING GRADE STRUCTURES;Is a simple, large salary range spanning the pay opportunity formally covered by several separate salary ranges Reflects a majo