What is a reward system?
Determining employee salaries and bonuses based on criteria! Imagining employees' lives.
The compensation system refers to a system that determines employees' salaries and bonuses based on certain criteria. The criteria in the compensation system are defined by the grading system and evaluation system. When designing it, it is important to refer to the average salaries in the industry, sector, and region, but it is crucial to envision the employees' lives, including how many years it takes for them to be promoted and what their salaries will be, when setting compensation. [Key Points] ■ Criteria are defined by the grading system and evaluation system ■ Set salaries with an image of employees' lives ▼ If you want to learn more about the compensation system ▼ Please download the "Complete Guide to HRBrain's Personnel Evaluation System Design Manual" from the link below!
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