Methodology used in determining wage and salary policy


Topic: Compenation Administration

Compensation Administration and the knowledge of methodology used in determining wage and salary policy.

1. The methodology used to determine wage and salary policy, including factor, point,ranking and classifications systems.

2. Federal and State Laws affecting the development of compesation systems.

3. The methods of identifying and selecting appropriate health and welfare retirement benefit programs 401K for an organization.

4. How my knowledge of compensation administration has led or could lead to effective decsion makeing in my organization., identifying,
and evaluvating policies and procedures whcih have been designed or selected.

My company is telecommunications and we need to save money as a whole. We use RADFORD surveys to determine our salary ranges which is an average of all networking and telecommuications companies. Are competitors are Cisco, Juniper, HP etc.

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