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Pay Structures
Compensation Management
Prepared By
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Manu Melwin Joy
Assistant Professor
Ilahia School of Management Studies
Kerala, India.
Phone – 9744551114
Mail – manu_melwinjoy@yahoo.com
Pay Structures
• Once job analysis has
been done organizations
need to decide upon the
pay structures.
Pay Structures
• Pay structure refers to
the process of setting up
the pay for a job in an
organization.
Pay Structures
• The process deals with
internal and external
analysis to estimate the
compensation package
for a job profile.
Pay Structures
• Internal equity, External equity
and Individual equity are the
most popular pay structures.
Job description provides the in
depth knowledge about the job
profile and its worth.
Pay structures -  compensation management - Manu Melwin Joy

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Pay structures - compensation management - Manu Melwin Joy

  • 2. Prepared By Kindly restrict the use of slides for personal purpose. Please seek permission to reproduce the same in public forms and presentations. Manu Melwin Joy Assistant Professor Ilahia School of Management Studies Kerala, India. Phone – 9744551114 Mail – manu_melwinjoy@yahoo.com
  • 3. Pay Structures • Once job analysis has been done organizations need to decide upon the pay structures.
  • 4. Pay Structures • Pay structure refers to the process of setting up the pay for a job in an organization.
  • 5. Pay Structures • The process deals with internal and external analysis to estimate the compensation package for a job profile.
  • 6. Pay Structures • Internal equity, External equity and Individual equity are the most popular pay structures. Job description provides the in depth knowledge about the job profile and its worth.