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How to Create a Well-Designed Salary Structure

AIHR

Creating a salary structure There are several steps to designing a pay structure: Define job roles and responsibilities: The first step is to define the job roles and responsibilities for each position in your organization. Identify comparable positions in the industry and use them as a benchmark to establish competitive salary ranges.

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Compensation Analyst: All You Need to Know About the Role

AIHR

Preparing and presenting reports of job and compensation analysis. Benchmarking jobs against data collected and market intelligence to determine competitive compensation for each role. Preparing and maintaining job classifications and salary scales. Skills and qualifications.