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How to formulate a reasonable salary and welfare system
Secondly, salary refers to the sum of various tendencies and in-kind rewards obtained by employees for providing labor for enterprises. Including wages, bonuses, allowances, royalties, labor dividends, benefits, etc.
Third, the steps of making salary and benefits: (1) making salary strategy (2) job analysis (3) salary survey (4) salary structure design (5) salary grading and salary fixing.
(6) Control and management of salary setting Finally, the factors that affect salary setting are: (1) the business nature and content of the enterprise; (2) the organizational culture of the enterprise; (3) the enterprise's ability to pay;
(4) Employees; (5) social consciousness; (6) local living standards; (7) human resources market conditions;
Source: Q&A Library
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