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Below is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.
How do you solve salary problems?
Separate your budgets for merit/cost of living increases and market adjustments/ promotions. Observe market trends in salary surveys over the course of 2-3 years before making market adjustments. Creating ranges for positions to allow for compensation flexibility.
What to do when you are not happy with your salary?
Look for a new job. Perhaps the most obvious way to improve your remuneration — other than asking for a pay rise — is to change jobs. Negotiate with your employer. Being active in the jobs market might just allow you to negotiate a better salary with your existing employer. Court a counteroffer. Use a recruitment agency.
What to do if you are not happy with your salary increase?
Start by expressing your gratitude. When asking for more money after already having received a raise, the last thing you want is to come across as unappreciative. Show your boss why your compensation still needs an adjustment. Prove that you're worth more. Set a follow-up date to revisit the issue.
How do you handle a salary complaint?
Dealing with employees who are unhappy with their pay. Gather the facts. Gather market data. Speak to those above you about the salary budget. Meet in private with the unhappy employee.
How do you deal with an underpaid employee?
1) Find Out What They Really Do. The job someone does and the job you think they do are often two different things. 2) Ask What They Consider Fair Pay. 3) Don't Be Defensive and Dismissive.
Is a 5% raise good?
Good news on the salary budget growth front, and that most companies are still doing merit increases in a down economy. As for the average increase for high performers, 5-6% is nice, but it won't protect your best talent.
How do you correct salary compression?
Communicate: Perception is reality. Be transparent: Don't try to hide what employees make. Make a comparative within each salary grade by the employee's tenure in the position. Compare supervisors' salaries to their direct reports' salaries.
What is a compression adjustment in salary?
Pay compression, also known as wage compression or salary compression, occurs when employees with the same skills and experience are paid differently. Sometimes, new hires or employees with less experience may end up being paid significantly more than tenured employees with more experience.
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