Good IT people are hard to find. So when you do get one you don’t want to lose them when they find out the company next door is paying double their current salary for the exact same job. You should pay people what they are worth. Their salary shouldn’t be based on what their last job paid. Salaries should be mapped to Job Descriptions so that you ensure you are paying your employees a fair wage. You also want to ensure that you are not overpaying for services. Understanding the value they provide is vital. Salaries should be reviewed at least once a year.
How can we help?
Prometheus Consulting can help to map your IT function to business needs. We will work with your HR group to develop accurate Job Descriptions. Finally we will assist in creating a salary range guide for all IT position that will ensure value for the company and fair compensation for the employee.