Establishing Strategic Pay Plans

job complexity

complexity in hiring

complexity in training

complexity in recruitment

individual equity

pay rate equity

collective equity

procedural equity

classes

rank jobs

grades

rows

benchmarking jobs

evaluating pay scales

evaluating pay grades

evaluating internal equity

focal reviews

unvocal reviews

vocal reviews

local reviews

internal equity

external equity

procedural equity

all of above

HR strategy

performance appraisal

aligned reward strategy

aligned compensating strategy

the job itself

the qualification only

the skills and knowledge only

the training completed only

employee’s family name

employee’s competency

employee’s performance

employee’s equity

employee performance and competencies

company growth and market share

employee skills and creativity

pay for knowledge