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Through your job evaluation process, you may decide there are three grades Grade 1 includes HR Assistant and midpoint is 30,000. Grade 2 includes HR Generalist and Recruiter and midpoint is 45,000 (average salary of these two positions.) Grade 3 includes HR Manager and midpoint is 60,000. Grades might often overlap.. Web.

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Web. Jul 21, 2017 1. Straight Salary Compensation Straight salary refers to the basic salaries and wage given to the worker. In most companies, the base pay is determined by the workers job title and job role. The company sets a minimum and maximum range that can increase, decrease or remain the same, depending on the workers performance..

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Oct 02, 2016 1. Compensation is a systematic approach to providing monetary value to employees in exchange for work performed. Compensation may achieve several purposes assisting in recruitment, job performance, and job satisfaction. Compensation Management is a Process of compensation management is to establish & maintain an equitable wage & salary structure & an equitable cost structure .it involves job evaluation, wage & salary survey, profit sharing &control of pay costs..
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