Carpon
Valued Contributor
When employing a staff, one very important thing that you must have to decide on is what and how much you'll be paying them. This is one of the first things to consider before anything else. Here are some things that can help you to determine what amount you will pay employees.
✓ Business Strength: First of all, your business' strength goes a long way in determining what amount you can wield as wages. If your business is a medium scale business, your pay will be decided with reference to that.
✓ Job description: Every job differs from another. The kind of job your employee to be will be carrying out is also something to consider. Don't offer small payment for big jobs and vice versa but rather, let the pay and the velocity of the job go hand in hand.
These are two important things that should be taken into consideration and serve as factors that determine workers wages and pay.
✓ Business Strength: First of all, your business' strength goes a long way in determining what amount you can wield as wages. If your business is a medium scale business, your pay will be decided with reference to that.
✓ Job description: Every job differs from another. The kind of job your employee to be will be carrying out is also something to consider. Don't offer small payment for big jobs and vice versa but rather, let the pay and the velocity of the job go hand in hand.
These are two important things that should be taken into consideration and serve as factors that determine workers wages and pay.
