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Ep 25 - Salary Structures

Comp and Coffee

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Establishing Equitable Salary Structures in Organizations

Exploring the importance of creating structured pay scales that balance external market value and internal job valuation for fair compensation within an organization. Emphasizing the significance of defining job roles, maintaining up-to-date job descriptions, and categorizing roles based on organizational value. Delving into challenges like managing high performers, exceptions in compensation, and handling employees outside salary ranges for effective salary structure management.

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