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Compensation and Salary Administration by Rashmi Hy is a document available to read on EtoBox.
What is Compensation and Salary Administration about?
The document discusses compensation administration and salary determination. The goals are to design a cost-effective pay structure that attracts, motivates and retains employees. It outlines factors that influence compensation like demand/supply, cost of living, legislation. The process involves job analysis, surveys, grouping jobs by pay grade, determining pay rates, and developing administration rules. Job evaluation aims to fairly value jobs and determine equitable wages.
- Author
- Rashmi Hy
- Language
- EN