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:
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.
Let's take a first look at the consolidable pay supplements that we will be developing throughout the article:
«Discover how to increase your employees» salaries without driving up costs»
In general, the antique it is one of the consolidable salary supplements, examples of which are based on the premise that the longer an employee has been working for the company, the greater their 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:
Therefore, it is more cost-effective to increase a worker's salary based on their length of service than to have to hire new workers.
As we were discussing above, in consolidable salary supplements and their examples we find the regulated and non-regulated training.
Although more attention is usually paid to regulated [training/education], it is important to bear in mind unregulated [training/education], as at times It could have taught us more than the first.. For example: who will have greater knowledge, someone who, on the one hand, has obtained a degree in Psychology with just passing grades in 4 years longer than they should have, and on the other hand, has completed 2000 hours of non-accredited training in graphic design?
On the previous work or professional experience, In this regard, there are three main things to bear in mind:
We often forget the third point, but it is of vital importance in order to determine it as one of the consolidable salary complements.
In the case of Specific knowledge, the ones that are usually most valued are:
There will be many cases where such knowledge is not backed by a formal qualification or a work certificate, so we must check the extent to which the person has the level they indicate in each of them.
In addition to all of the above, regarding the setting of salaries based on supplements, we must also consider other possibilities, such as Flexible remuneration.
These have been some of the consolidatable salary supplements. The examples we have given should be taken into account, but they are not the only ones. How will you value them within your company?