As business grow company need more employees and a suitable pay structure that support employees and help them to enter into new organization. Growth and a fair approach help to establish more loyalty among employees. The quality of employees helps to establish a goal and also gives strength to fulfill that goal.

Salary structure

1. Traditional salary structure: its common type of salary structure in which hierarchy-based salary division. Salary increased by promotion. The stability of employees increased by its longevity with the company.
2. Graded structure: employee grades according to a job role or job position in the company salary also divide according to grade.
3. Step salary structure: its step compensation according to the length of time the employee is within the company. These pay steps for teachers and medical technicians.
4. Broadband salary structure: it’s more advanced than the traditional salary structure. Grades of salary are divided and distributed among employees and salary divide.
5. Market-based: how much competition paid salary in Market Company bound to pay that much salary to the employee.

HR generalist course fees are charged according to the quality of courses. If the course is online then they charge minimum fees. You need to just click on the website and sign up there. This certification program is also available free of cost you just need to log in with your id and enroll in the course.

How to design a pay structure

Which pay structure is work for your company to adopt that method? There are several designs available which design suitable for your large company or small firm. The budget of the company helps to design the salary structure.

Job position set out

HR assistant makes the list of different job roles. Every employee’s job role is defined and collected by assistance. What employee expects salary and how much company can pay?

Study pay in the industry

Each job role has a different pay scale. If you want to present a more realistic idea use benchmarking tools in comparison with other companies you can say competition of your company.

Others benefit

HR generalist training program helps to understand job roles more clearly. This training can be two ways one way then a new join come in office second new technology adding in the company works. If training for hr. generalist joins the company his task will be to understand the deep root of the company structure. This training can be paid or unpaid but it takes time to understand the structure of technology also. The training period also matters because company expenses increased if training is long. If training is short it cost less.

Wages and salary

Salary is the annual income of the employee. Wages are people pay by hours. As many hours spent with work in the organization employees got wages. Hr. assistance decides to increase wages and salary structure.

Compensation/ salaries

If people got salaries then they need other benefits with a salary like insurance which may be health insurance, medical insurance, general insurance, or a retirement account. So this salary and benefits are both known as compensation. HR assistance if creating a salary structure so he doesn’t forget to add benefits which make compensation.

HR practical course in Delhi available for candidates. Just find the institute online and contact through phone, email, or directly went to the office of HR institute to take admission.HR generalist course practically teaches and live examples are also available to compare real situations with virtual ones that improve the understanding skill of candidates.