2006-11-03 23:27:34 · 5 answers · asked by manjusha k 1 in Business & Finance ➔ Corporations
Well first how manyemployees will there be ? what are the projected profits of the firm after costs. What is the market rate for the same job ? theres a starting point
2006-11-03 23:32:32 · answer #1 · answered by Latin Techie 7 · 0⤊ 0⤋
Classify all the employees in different grades like
Senior Manager
Manager
Senior exective
executive
Then fix salary range for all grades
like- Senior Manage-10 Lakh to 14 Lakh and so on ir
2006-11-04 08:23:50 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Figure out your budget. Go to free salary wizard for average pay in your area,this site gives you the lowest and highest according to location
2006-11-04 07:37:22 · answer #3 · answered by harasko@sbcglobal.net 1 · 0⤊ 0⤋
What do you intend to manufacture? Figure how much, at what price, and growth expections on product at quarterly intervals. Offer incentives for reaching quarterly goals.
2006-11-04 08:07:40 · answer #4 · answered by Anonymous · 0⤊ 0⤋
salary structure of worker working in manufacture i little tough. u can make on basis of monthly, daily, piece. take for example in ur company u hav salary(permanent worker) to whom u pay salary monthly wise. some r fixed contract labour to whom u can pay monthly or daily. i most of company we have piece work to whom we pay no of piece they make. even u hav to take account of over time. rate can be adjust hourly basis or no of hr of overtime fixed or variable in month. special holiday .
2006-11-04 07:49:43 · answer #5 · answered by ranjan s 1 · 0⤊ 0⤋