Designing a salary structure involves the following steps; Job Analysis Job Description Job Specification Understanding the job competencies There are five common job evaluation systems: Ranking. Classification. Point Evaluation. Factory Comparison. Market Comparison.
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Developing Objectives or Goals Objectives/Goals establish the direction for the future and help to identify expected results. To be effective, they must align with the team, departmental, and organizational objectives. As part of the performance appraisal, objectives provide a basis for future performance, including standards of behavior, as business plans and conditions change. Well-written objectives/Goals:
There are various ways of finding out the employee’s development needs. Performance Apprisals. Employee or Managerial reviews Focus Group meetings Questionnaires & Surveys Observation