Tag: Paywatch

How to Get Salary Data You Can Really Use

On By Akshay moonIn Recruitment1 Comment

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If you’re busy doing your job, a long time might have passed since you’ve checked to see whether you’re fairly paid or not. Salary sites are helpful to getting a general sense for salaries. But there are so many nuances with geography, job title, functional area and more that get lost in aggregate data.  You really need data specific to your job at your level in your town. One of the best ways to get the salary data is to talk to people, but how can you get people to freely talk about salary?

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There’s an Elephant in the Room – Let’s Build a Pragmatic, Objective & Transparent Compensation Policy! PART 2/2

On By Vinayak JoglekarIn RecruitmentLeave a comment

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As stated in part 1, this is an experience report from the author’s company where a more pragmatic, objective and transparent model is being used to determine compensation. For most skills having a sufficient number of jobs and job-seekers, a market mechanism becomes operational. Ruling market rates are the most impartial and objective way to determine compensation.

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There’s an Elephant in the Room – We can’t Ignore Employee Compensation! PART 1/2

On By Vinayak JoglekarIn RecruitmentLeave a comment

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It’s more than obvious to all of us that compensation plays a major part in employees’ level of motivation. Well paid employees will try to do even better as they see their efforts getting rewarded. Employees treat customers, vendors, investors the way they are treated by the company. Well paid employees go out of their way to please the partners in your company’s progress. Poorly paid employees tend to be insensitive to the problems faced by customers, vendors, investors and even other employees.

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