Salary Benchmarking & Grading

A company's pay structure is the method of administering its pay philosophy. A pay structure helps answer questions about what each person's role is, and why people are compensated differently. It also helps human resources personnel to fairly administer any given pay philosophy. For example, a company might want to pay everyone at market; or pay some people at market and some above it. Opportunities for incentives are also dealt with in the pay structure. For example, people with strategic roles will likely have opportunities for higher incentives.

Salary Benchmarking & Grading Outsourcing service
If your firm hasn't in-house compensation consultants,

MSTC could help your organization in designing effective and accurate pay structure.