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HRD Audit & Compensation Systems

  • What is the pay philosophy?
    • Pay-for-Performance?
    • Seniority?
    • Pay-for-Knowledge?


  • Is it consistent with the overall goals of the company?

  • What is the compensation strategy?

  • Who decides the strategy…HR head, CEO, Compensation committee?

  • What is the compensation plan to achieve the strategy?

  • Is the compensation system equitable?

  • Equity of performance Rewards?

  • What are the deadlines (i.e. wages & salaries have to be paid by 30th of the month) & who is responsible?

  • Does the compensation system encourage increased productivity?

  • Study of wages, benefits, and services to see if they are fair and competitive

  • Fixed v/s variable pay?

  • Employee satisfaction with regards to reward systems

  • Are all the policies & procedures in place?

  • Review of past practices to determine if they conform to formally stated policies & procedures

  • Does it motivate people to work harder?

  • Salary budget & Cost overruns


Performing on the job - for employees
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Athena Consulting and Outsourcing
A44 Archana, Juhu Versova Link Road,Andheri West, Mumbai 400053
Phones: +91 22 26239604 ; 26237904
Email : itrecruit@vsnl.com

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