Compensation Case 1
A new job evaluation system was designed, the evaluation system guide was prepared, the applicable internal staff were trained in the use of the system and the evaluation of jobs was supported which resulted in a newly confirmed job hierarchy.
The company’s compensation strategy was confirmed, benchmark positions identified, current market salary data was obtained and analyzed. New pay grades and ranges were established and the salary structure was retrofitted to the new job hierarchy. We then developed a salary administration manual for managers.
A new job evaluation system that ensures jobs are appropriately valued and the value is seen as fair by management and staff has been implemented ensuring fewer compensation problems.
A new compensation structure that provides greater flexibility for managers to recognize differences in performance while maintaining equity across the different functions and roles has been established.