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HRhelpdesk.in
© HRhelpdesk.in Credentials
Welcome to HRhelpdesk.in
Making the Workplace – A Better Place
HRhelpdesk.in
© HRhelpdesk.in Credentials
 Company: An International Agro products manufacturing company
 Task: Execute the following activities
• Conduct salary benchmarking study with location and industry parameters
• Analyze the internal compensation strategy in consultation with the top
management
• Develop and implement a strategic focused compensation philosophy for
next 3 years
 Coverage: India Operations
HRhelpdesk.in
© HRhelpdesk.in Credentials
 Process: Gathering data about salary benchmarking study and understanding
expectations from top management
 Tasks performed:
• Conducting participative study as per parameters agreed
• Conducting market mapping for non-participative companies as per agreed
parameters
• Analyzing existing salary structures and components
• Understanding existing compensation strategy and expected compensation
strategy
• Conducting interviews and discussions with top management to develop a
compensation strategy for next 3 years

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Case study compensation

  • 1. HRhelpdesk.in © HRhelpdesk.in Credentials Welcome to HRhelpdesk.in Making the Workplace – A Better Place
  • 2. HRhelpdesk.in © HRhelpdesk.in Credentials  Company: An International Agro products manufacturing company  Task: Execute the following activities • Conduct salary benchmarking study with location and industry parameters • Analyze the internal compensation strategy in consultation with the top management • Develop and implement a strategic focused compensation philosophy for next 3 years  Coverage: India Operations
  • 3. HRhelpdesk.in © HRhelpdesk.in Credentials  Process: Gathering data about salary benchmarking study and understanding expectations from top management  Tasks performed: • Conducting participative study as per parameters agreed • Conducting market mapping for non-participative companies as per agreed parameters • Analyzing existing salary structures and components • Understanding existing compensation strategy and expected compensation strategy • Conducting interviews and discussions with top management to develop a compensation strategy for next 3 years