Answer to Question #74765 in Management for mani

Question

How can HR administer a complex pay structure that rewards pay increases on a regular basis?

Answer 1

• HR has a role in conducting a survey salary in relation to the
payment of the other employer for a similar occupation. The significance of these surveys is to establish the rate of payment of a given salary in relation to the job group.
• HR also does an evaluation. It helps to determine the value of an
occupation within the business entity. The jobs that appear to have complex requirements and those with enormous qualifications are rewarded highly as compared with the lesser qualifications.
• HR has an obligation to group jobs that have the same type of
pay. This entails the creation of pay grade which contains occupation that has same implication.
• HR generates payment range through the creation of payment
structure. The income generated or wage production secures the rate of the pay for each range of payment.