Home > Latest Insights
The salary scale is the single most important document in human resources. It tells you everything you need to know about an organization. Designing a salary scale requires skill and expertise, balancing the internal considerations and team dynamics with the external market. It’s an art form, not just math.
A salary scale is essential for any organization. It affects all other areas of HR – from recruitment, to pay management, career development, and promotion. It also illustrates an organization’s values in terms of how it positions itself in the market and a demonstration of its internal pay policies –…
When organizations look to introduce new positions, salary benchmarking ensures a good understanding of the prevailing market conditions. Here’s a short checklist – five steps – to follow for your next benchmarking exercise.