Review internal equity at basic salary and fixed cash to assess pay alignment across similar jobs.
Analyze external competitiveness at basic salary and fixed cash against peer group practices.
Develop salary scale recommendations and evaluated their cost impact.
Benchmark cash allowances and non-cash benefits against market standards.
Approach & Deliverables
While the approach consisted of the following steps:
Analyzed basic salary, fixed cash, and total earnings of employees to identify salary discrepancies and position the organization against its peer group.
Proposed a new salary scale to position the organization at the 50th percentile of the general market.
Extracted benefits and allowances from the organization’s HR policies to compare them to common market practices.