4 January 2019

Consolidable salary supplements: examples of how to agree them

consolidatable salary supplements examples

Table of contents

The salary supplements are reflected in the payroll of a worker together with his or her basic salary. It is these that cause two workers in the same job to receive different salaries.

In this post we will discuss the consolidatable salary supplements. Examples of them we have in issues that are usually assessed together with the CV itself, such as training or experience. Specifically, we distinguish them from those that cannot be consolidated by the following:

  1. The consolidable salary supplements are those that refer to the concrete and personal situation of a worker.
  2. The non-consolidable salary supplements are those that refer to the job or the company itself.

In order to better understand the former, we will look at a series of examples and some questions about each of them that will allow us to manage them more effectively.

Consolidatable salary supplements: examples

Let's take a first look at the consolidatable salary supplements that we are going to develop throughout the article:

  1. Seniority. The time that has elapsed since the worker joined the company.
  2. Training. Both formal and non-formal, as sometimes the latter can contribute more if it is more in line with the job.
  3. Experience. Any employment or professional activity which the worker has previously carried out.
  4. Specific knowledge. Even without training or experience in certain fields, a worker may be aware of some areas of knowledge that may be useful.
  5. Previous achievements.The employee may have made publications, participated in prestigious events or any other achievements that increase his or her value to the company.
  6. Let us now look at each of these in more detail.

«Discover how to increase your employees» salaries without increasing costs".»

Seniority

In general, the seniority is one of the consolidable salary supplements, examples of which are based on the premise that the longer an employee has been working in the company, the higher his or her seniority salary supplement will be.

The cost to the company of recruiting new employees as a result of others leaving their posts is significant. This cost is mainly reflected in time:

  • Dedicated to the personnel selection process.
  • Dedicated to the training of the new worker.
  • Dedicated to correcting the mistakes that the new worker will inevitably make when starting out.

Therefore, it is more cost-effective to increase a worker's salary through seniority than to recruit new workers.

Training

As mentioned above, in the consolidatable salary complements and their examples we find the formal and non-formal training.

Although more attention is usually paid to the formal sector, it is important to be aware of the non-formal sector, as it can sometimes may have taught us more than the first. For example: what will a person who, on the one hand, has obtained a degree in psychology with a pass mark in 4 years more than he/she should have, and on the other hand, who has taken 2000 hours of non-regulated training in graphic design, be more knowledgeable about?

Experience

On the previous work or professional experience, In this regard, there are three main things to bear in mind:

  1. The type of work previously held.
  2. The time dedicated to these jobs.
  3. The level of satisfaction of the company, organisation or institution for which the work was performed.

We often forget the third point, but it is of vital importance in order to determine it as one of the consolidable salary complements.

Specific knowledge

In the case of specific knowledge, The most commonly valued are:

  • Languages. Mainly English.
  • Computing. Proficiency in different OS, software...
  • Internet. Use of e-mail, social networks....

There will be many cases where such knowledge will not be backed up by an educational qualification or a certificate of employment, so we need to check to what extent the person has the level indicated in each of these.

In addition to all of the above, in relation to the setting of wages according to allowances, we must take into account other possibilities such as, for example, the flexible compensation.

These are just some of the salary supplements that can be consolidated. The examples we have given should be taken into account, but they are not the only ones. How will you value them in your company?

Edenred Spain