The compensation and benefits structure is the accounting matrix based on which different salaries and benefits offered to incumbents are determined considering their educational qualifications, job experience, and skills and are subject to different performance levels. The creation of this structure would achieve job fairness, which ultimately results in attaining the incumbent job satisfaction and hence, loyalty to the business entity.
The creation of this structure would achieve job fairness, which ultimately results in attaining the incumbent job satisfaction and hence, loyalty to the business entity.
Added value to business entities from Compensation and Benefits Structure Services
- Attain fairness among all job categories and levels.
- Attain job satisfaction and loyalty to the business entity.
- Retain efficient employees.
Services provided by Baker Tilly Kuwait
Development of Compensation and Benefits Structure.
Related Services
- Organizational Structure
- Job Structure
- BOD & its Committees Charters
- BOD & Executive Management Performance Appraisal Systems
- Corporate Performance Appraisal Systems
- Code of Professional Conduct and Ethics
- Delegation of Authority Matrix
- Processes, Policies and Procedures Manuals
- Job Descriptions
- Salary Survey
- HR Planning System
- Employee Performance Appraisal Systems