Salary Scale Development

Salary scale development is the process of creating a structured framework to determine how much employees should be paid based on various factors. This typically includes job responsibilities, required skills, market rates, and organizational budget. A well-designed salary scale ensures fair compensation among employees performing similar roles, helps attract and retain talent, and aligns salaries with the financial capabilities of the organization. By establishing clear pay grades and ranges, organizations can maintain transparency and equity while also motivating employees to grow and advance within the company.