Remove 2015 Remove COMPAS Remove Payroll Remove Performance Management
article thumbnail

Cafe Classic: Personal Pay Versus Salary Structures

Compensation Cafe

We bring you this Classic primer on some eternal salary management questions, via Jim Brennan. . What current incumbent employees on a payroll receive normally changes at a faster pace than the external outside competitive market prices for jobs. New hires enter at lower rates.

COMPAS 52
article thumbnail

Cafe Classic: Solving the Dilemma of Pay Progression Over Time

Compensation Cafe

Conventional practice is to hire most new people into their jobs at salary levels below their market midpoint or Market Reference Point (MRP) and to move grade structures maybe half as much as the anticipated general market movement each year. The issue is simple and clear.