each grade has its own minimum and maximum salary level

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Joywtome231
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each grade has its own minimum and maximum salary level

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As the number of employees increases, it becomes more difficult to assess the value of each specialist's work in the company. To make it easier to adequately determine what contribution to the overall success is made by employees in different positions, a grading system is used. In this article, we explain what is special about the grading system, what companies it is suitable for, and how to implement it.

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Grade system: what is it
The salary grading system is a way of classifying positions based on their importance to uganda phone number list the company, the level of responsibility and independence, and the necessary knowledge, skills, and experience for the position. The position is assessed using points and assigned a grade, and the salary depends on the sum of the points. Thus,
Pay grades help to establish the salary level of specialists, taking into account how important the position is for the company. Grades also help to make pay more transparent. Job grades are most often used in large companies, where it is important to clearly separate the roles and responsibilities of employees, the degree of their usefulness to the company.
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