Tag: payment

Many employ­ees leave their cur­rent employ­er in remem­brance, pay com­pen­sa­tion, and leave attrac­tive ben­e­fits else­where. Thus, it is impor­tant to know what ser­vice com­pen­sa­tion pack­age is pos­si­ble. Lead some­one to the deci­sion to leave their job and move to a new organization.
Orga­ni­za­tions use the con­cept of “val­ue propo­si­tion to employ­ees” to estab­lish the employ­er brand and man­age employ­ee expe­ri­ences. The EVP or Employ­ee Val­ue Propo­si­tion includes an inte­grat­ed pack­age of offers. Which the employ­er pro­vides in return for the skills and com­pe­ten­cies that human resources bring to the orga­ni­za­tion. The val­ue propo­si­tion to employ­ees is employ­ee-cen­tered and in line with work­force plan­ning strate­gies. And for that rea­son it has to be unique, rel­e­vant and compelling.

A key issue in ser­vice com­pen­sa­tion is dif­fer­en­ti­a­tion. Pay­ment class­es are cre­at­ed accord­ing to the mis­sion and strat­e­gy of the orga­ni­za­tion. Align­ment of this struc­ture with the goals of the orga­ni­za­tion is the key to the suc­cess of the ser­vice com­pen­sa­tion sys­tem and benefits.

Pay­ment clas­si­fi­ca­tion helps us. To deter­mine the salary lev­el of dif­fer­ent jobs. The mar­ket val­ue and lev­el of com­pen­sa­tion of com­peti­tors is con­sid­ered in it. And helps orga­nize payments.

Giv­en the chang­ing com­pet­i­tive envi­ron­ment in the econ­o­my and the increas­ing impor­tance of tal­ents and key forces reject­ing the orga­ni­za­tion, a review of the organization’s job clas­si­fi­ca­tion sys­tems is crit­i­cal. Oth­er­wise, the cre­ator of com­pet­i­tive advan­tage will move away from the orga­ni­za­tion. How­ev­er, in review­ing the ser­vice com­pen­sa­tion sys­tem, it is very impor­tant to cul­ti­vate an atmos­phere of respect and fair­ness. Along with the oppor­tu­ni­ties that are cre­at­ed for mean­ing­ful work and a won­der­ful work environment.
To cope with changes in the work envi­ron­ment, the organization’s pri­or­i­ties for review­ing ser­vice com­pen­sa­tion must be met. Hey Group method in human resource man­age­ment is one of the solu­tions that pays atten­tion to ser­vice com­pen­sa­tion and pay­ment reforms in the organization.