Pay Scale Design

We also assist companies in designing pay scales. We have a team with extensive experience in the design process and also facilitate workshops to remuneration teams to assist and advise on best fit design principles around their pay scale design. Our pay scale practice and recommendations are aligned with market best practice as well as with the standard requirements as set out by Reward Associations such as WorldatWork.

Our extensive experience in the design process includes:

N

Design principle workshops covering the important aspects or factors required in the design process.

N

Job matching to external salary surveys.

N

Develop pay scales based on market best practice principles and to cater for the organizational specific culture and remuneration philosophy and strategy.

N

Customized scenario analysis.

N

Conduct internal pay cost analysis to align to proposed pay scales designed.

N

Assist in providing technical expertise for executive and remuneration committee submissions.

N

Annual maintenance and updates on pay scales.