A Well-designed market pay systems can help organization:
• Control compensation costs
• Enhance market competitiveness
• Improve recruitment results
• Increase employee morale
• Achieve greater internal equity
But, in order to maintain and establish an effective market-based pay system, one need to know how to better match and integrate salary surveys with company’s data, philosophies and practices
• Control compensation costs
• Enhance market competitiveness
• Improve recruitment results
• Increase employee morale
• Achieve greater internal equity
But, in order to maintain and establish an effective market-based pay system, one need to know how to better match and integrate salary surveys with company’s data, philosophies and practices
