Professional Documents
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Compensation
Compensation
When there is a merger & acquisition we dilute the grades from band to band.
Which gives the better range to go for and play with the grades?
Market Compa Ratio of j1 =market average of basic of j1 /mid-point of the grade where j1 is in my
company .
Series 1
3
Series 2
Series 3
2
0
Category 1 Category 2 Category 3 Category 4
Individual Compa ratio for j1 =basic salary of individual incumbent /mid-point of the grade where j1 is in
my company.
Job group Compa ratio of j1=Average basic of all incumbents of j1/mid-point of the grade were j1 is.