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1、Session 4,Developing A Salary Structure,WHAT IS A SALARY STRUCTURE?,A salary structure sets out different salary levels for different groups of jobs based on:- internal relativities of job value (x-axis, established through job evaluation) external market pay rates of jobs (y-axis, established throu
2、gh market surveys),$,Job Grades (Job Evaluation Points),OVERVIEW OF SALARY STRUCTURE DEVELOPMENT,IMPORTANCE OF SALARY STRUCTURES,Ensure reward policies are equitably, fairly & consistently implemented & administered Allow internal relativities to be managed Provides a framework through which pay opportunities can be communicated to employees,ISSUES IN DEVELOPING SALARY STRUCTURES,Business Strategy Extent of Competition Industry Practice Capacity to Pay Reward Philosophy & Strategy,
