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Salary Administration



Overview:

The need for formalized base pay management is imperative to a company’s operational efficiency.  Salary administration (also referred to as base pay administration), provides structure to compensation initiatives through competitive benchmarking, developing salary structure, and drafting salary administration manual for validity and consistency of salary decisions.  The steps that should be undertaking in a formalized approach to benchmarking and base pay administration are:

  • Prepared job descriptions;
  • Benchmark specific positions using empirical data;
  • Build salary structure;
  • Develop salary ranges;
  • Draft a manual containing formal policies and procedures.

To further discuss your Salary Administration needs, please contact:
Mary Rizzuti, CCP, PHR, Principal and Senior Consultant at (877) 934-0505 Ext. 107,  mar@compensationresources.com
Sara Schmidt, PHR, Consultant at (877) 934-0505 Ext. 110, sds@compensationresources.com

 

 

 
 

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This information is not intended for use without professional advice.

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