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However, employers should also maintain strict confidentiality concerning employee status, pay, performance and medical related information to the extent possible. With few exceptions, employers shouldn't engage in discussions about other employees or disclosures concerning employees with their coworkers.
What to include in an employee performance reviewCommunication.Collaboration and teamwork.Problem-solving.Quality and accuracy of work.Attendance, punctuality and reliability.The ability to accomplish goals and meet deadlines.
An employer may not prohibit an employee from disclosing his or her own wages, discussing the wages of others, inquiring about another employee's wages, or aiding or encouraging any other employee to exercise rights under the Equal Pay Act.
Email your manager and explain that you'd like to connect to review your compensation. Outline your impact clearly and concisely. Prepare compelling bullet points that describe exactly how you've excelled in your role. Don't mention what your coworkers make or any personal reasons you might have for needing more money.
If you have access to company wage and payroll information, you cannot share employee pay information with others unless your employer or an investigative agency has directed you to share that information. Basically, you do not have a right to reveal someone else's salary with others.
A common way to calculate an employee's worth, to a company, is to divide the firm's net income by the number of employees.
Performance Appraisal is to reward employees for their good work. The Appraisal will assist employees to develop in their career and enable them to reach their full potential. The Performance Appraisal process involves discussion on the previous year's employee achievements and identifying an area for improvement.
How to Establish Salary RangesStep 1: Determine the Organization's Compensation Philosophy.Step 2: Conduct a Job Analysis.Step 3: Group into Job Families.Step 4: Rank Positions Using a Job Evaluation Method.Step 5: Conduct Market Research.Step 6: Create Job Grades.Step 7: Create a Salary Range Based on Research.More items...
Provides that an employer cannot prohibit workers from disclosing their wages, discussing the wages of others, or inquiring about others' wages; prohibits employers from relying on an employee's prior salary to justify the sex-, race-, or ethnicity- based pay difference.
7 tips to set the right salary for your employeesCreate detailed job descriptions.Benchmark.Create a salary structure.Think total rewards.Be realistic.Carefully assess your company's needs.Leverage your strengths.