What is the Salary Structure?
It is a system that determines how much an employee is to be paid as a salary based on several factors. Employers might raise salary value within the organization taking into consideration several job factors such as education, experience, skills, responsibilities or benchmark the job with market data for the same job by collecting, analyzing and matching salary survey data available in the market.
We at Bakkah Inc. are keen to provide salary structure services that ensure pay levels for job group are equitable internally and competitive externally.
- To examine an organization’s pay strategy against the market (match, lag or lead the market).
- To control pay expenses.
- To provide rational explanations for employees about why they are getting paid a certain rate.
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