Sample Process
| ABOUT THE HR FUNCTION- B2.2 Manage Company Compensation Program | ||||||||||||||||
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trend toward salary packaging at lower salary levels has led to greater
interest in salary information and facilities that allow what-if scenarios
to calculate the optimum package for employees. This component sometimes includes an interface to job measurement software, or records the results of job evaluations and stores information in job families for input to salary surveys. The time consumed in preparing information in order to participate in salary surveys makes this component a value-added feature of most HRIS products. The trends towards annual salary reviews, pay linked to performance and bonus or stock/share allocation based on profitability and performance makes automated remuneration planning an essential component |
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Level TWO - Transactions
/ Reports
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Sample Process |
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