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What are the indicators and components in setting pay scales for each position in each department?‎

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Answer added by  Ammar Ahmed Khan Babi, Compensation and Benefits Professional, Confidential
7 years ago

Elements before deciding salary scales:   Job Analysis/ Job Description: Prepares job description to assess primary objectives and figure out end result Job Evaluation: E ... See More

 

Answer added by  Augustine G Gill, Business Development Director, HASHMANIS GROUP OF HOSPITALS KARACHI
7 years ago

Dear Mr. Surjani, Greetings from Karachi Pakistan! Million thanks for invitation. I am the opinion that it is based on two components. A=Core Job Competencies e.g. Qualif ... See More

 

Answer added by  NISHANTHA ABEYWARDENA, Head of Human Resources & Administration, American Efird Lanka
7 years ago

Years of Direct Experience for the particular job role The importance of the job role to the organisation's objectives and values Acceptance and requirement of clien ... See More

 

Answer added by  ACHMAD SURJANI, General Manager Operations, Sinar Jaya Group Ltd
7 years ago

Compensation is a systematic approach to providing monetary value to employees in exchange for work performed. Compensation may achieve several purposes assisting in recr ... See More