Community™ Resources and Case Studies


Insights Library

Measuring Skills
WHY YOU NEED TO ASSESS THE SKILLS OF YOUR EMPLOYEES

Assessing the skills of your staff will also greatly support your organization’s strategies around capacity building and career development. Knowing the skill level of your entire workforce enables managers to identify and create the necessary initiatives that will help close existing skills gaps and facilitate the movement of staff, either...

Scale Design
BUILDING YOUR SCALE: IMPLENTING YOUR NEW SCALE

Now that your salary scale and benefits package is ready, the final step is implementing your new scale and communicating the changes to your teams. Equipped with your analysis and overall cost implications against your budget, you will now need to secure the necessary approval from management.

Scale Design
BUILDING YOUR SALARY SCALE: ADJUSTING YOUR SCALE

Designing and refining salary scales is both a technical exercise and a sensitive one. It will be a trial and error process until you get as close to your target as possible. It is crucial to keep certain steps in mind every step of the way.

Scale Design
BUILDING YOUR SALARY SCALE: ANALYZING BENEFITS

Analyzing your benefits package is crucial to ensure your policy aligns with your market's local conditions. Determining which benefits your company provides, the frequency it is provided, and grade levels eligible to receive them can be used a strategy to attract and retain talent, showcase company culture, and be seen...

Scale Design
BUILDING YOUR SALARY SCALE: MEASURING YOUR MARKET POSITION

Measuring your market position is a critical step in building your salary scale. Once your target comparators have been narrowed down and the target percentile has been identified, analyzing your salaries against your chosen external market to arrive at recommendations that will frame your overall pay structure is when strategies...

Scale Design
BUILDING YOUR SALARY SCALE: DETERMINING COMPOSITION AND POSITION FROM THE SALARY SURVEY

After establishing your compensation policy, creating your job structure, and participating in your chosen salary survey, determining your composition and position in salary surveys is the next crucial step towards building your salary scale.

Scale Design
BUILDING YOUR SALARY SCALE: THE JOB STRUCTURE

An organization’s job structure provides the framework to which organizations can apply policies on compensation management, as well as design strategies around learning and development, specifically on career opportunities and promotion, all aligning to the company’s overall business objectives.

Scale Design
BUILDING YOUR SALARY SCALE: ESTABLISHING YOUR COMPENSATION POLICY

It is important for organizations to have well-articulated pay policies in place that will not only guide how they develop their salary structure and manage compensation, but also provide the framework for forming strategies around recruitment and retention of their staff, proving this to be a valuable HR tool.

Scale Design
BUILDING YOUR SALARY SCALE: WHY BOTHER HAVING A SALARY STRUCTURE?

For an organization to work efficiently and achieve team cohesion, a well-balanced salary scale is crucial as it drives all other critical HR programs — everything from recruitment, staff retention, promotion, and ultimately career development.

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