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How to Create a Well-Designed Salary Structure

AIHR

A competitive salary structure helps organizations attract and retain talented employees, establishes a clear and consistent approach to compensation, helps organizations to manage compensation costs, provides transparency to employees regarding their pay, and minimizes the risk of legal challenges related to pay discrimination.

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Compensation Analyst: All You Need to Know About the Role

AIHR

Conducting surveys, one-to-one interviews, and focus groups with employees and managers to document duties, responsibilities, and skills required for each position. Preparing and presenting reports of job and compensation analysis. Preparing and maintaining job classifications and salary scales. Skills and qualifications.