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Salary Benchmarking - what should an organization (start up) set as starting pay for each position? - CiteHR

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Anonymous
Based on labor market trends, what should an organization (start up) set as starting pay for each position?
From India, Mumbai
sarveshjicool
Fixation of salary is depend on place of posting and scheduled employment.
From India, Faridabad
KK!HR
1422

The norm is to follow the industry cum regional practice. Find out the salaries in the industry in the region as well as in various industries in the locality as a guiding factor. Balance this figure with the capacity of your unit to pay.
At any rate, while preparing the project report, certain sums would have been reckoned. With those figures compare the standard in other units and in other local industries.

From India, Mumbai
Anonymous
@ Sarveshjicool & @KK!HR - Thank you for your response
From India, Mumbai
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