How to decide the pay and benefits for a new position
Author: Mark Crail
Click on any of the hyperlinks to go to more detailed guidance below.
- Begin by benchmarking the role against pay levels for similar jobs inside and outside the organisation.
- Ensure that all elements of the reward package have been considered and work as a whole for the type of role that is being filled.
- Think in terms of total reward, including the intangible benefits of working for the organisation, and what will prove attractive to the right candidate.
- Get feedback and do not forget the paperwork.