Salary templates
Salary templates ensure compliance with local legislation and with corporate compensation policies
Salary templates ensure that delegating salary increases is in compliance with local laws and corporate policies. Salary templates provide a precious tool that allow managers making increases to have visibility on the salary ranges in use in the organization for the job level, company and currency they are making the increase in. Any deviations from the published ranges are clearly indicated and must be approved by a higher level manager.
Salary templates allow administrators to:
- set a range of minimum and maximum compensations according to the employees level
- set different compensation ranges depending on the currency
- set different compensation ranges depending on the company of employment within the organization
The multiple currency and company management makes Altamira Budgeting ideal for multinational organizations seeking to standardize salary increases across their areas of operation.
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