Wage scale under the value of the work - effective management tools

For small and very small businesses, wage payments are usually established only through oral or labor agreements between the employer and the employee. However, for larger enterprises and organizations with a workforce of hundreds or more, especially those with a diversity of products / services, coverage on a large scale, multi-layered workforce composition, the establishment of a payroll-based wage scale based on a system of individual job valuation, functional groups is necessary.

This is a method of calculating wages that meet the scientific management and human resource development, which is really useful for managers and leaders who undertake subordinate reviews and assessments. A methodology that is scientific and appropriate to the actual conditions of the organization will minimize the internal complaints that result from emotional evaluation. The evaluation system is based on the following 8 factors:

1. Impact on the organization

2. Level of management

3. Scope of Responsibility

4. Coordination in work

5. Understanding the problem

6. Problem solving

7. Education

8. Conditions and working environment

Through the pre-programmed assessment methodology, based on the criteria set in the dictionaries established in the creation of the value chain for the organization, the leader will have an overview of the price. The contribution of each functional department and each individual to be flexible in adjusting the payroll and the wage fund's remuneration are kept up and in line with the development strategy of the enterprise.

It also helps those who are in the managerial position, including executives at every level in the structure of the organization, to see the full picture of the requirements set in the dictionaries and Challenges are expected through indicators of mission and objectives - KPIs with each role, job position from low to high.

"If you do what you've always done, you'll get what you've always gotten," says Anthony Robbin.

NHQ