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Salary Planning
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Salary expenses are one of the largest controllable costs, but often are not administered effectively

 

The Problem - Inconsistent application of salary guidelines by different managers

The company salary planning guidelines were so loose that they provided very little direction to managers in establishing increases.  As a result, the size of increases were often dependent on who you worked for and pay increases were inconsistent and not always commensurate with performance.

The Solution - New salary guidelines that tied pay to performance

I introduced salary planning guidelines that made increases a function of performance, on a scale from 1 to 4, and current salary in relation to the mid-point for the position.  Managers and employees alike responded very well to this because it gave them clear direction.

 

 

Inside This Section
Business Intelligence
Sarbanes Oxley
Inventory Accuracy
Salary Planning
Job Evaluations
Forensic Accounting

 

Sample Charts
 

 
Salary Guidelines
 
Increase Analysis
 

 

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