Sources of Information for Determining Salary Increases

Introduction There are 3 types of sources: Commercial sources HR-related professional association Local government Selection Criteria The criteria for selecting sources of information for determining salary increases is that the source must have clients in the country in which you are operating, preferably they must have an operating presence. The operating presence is preferred because

Salary Increase : Percentages or Quantum?

Introduction This is Part 3 of my articles on the Salary Increase Matrix Disclaimer The views here expressed here are my personal perceptions and opinions. I wrote this article with a desire for the human resource professional’s world to follow a moral compass. Business management have drifted away from ethical management to profiteering. Be aware,

Employment Related Legislations (Singapore)

Source of Information Source: Ministry of Manpower, Singapore website Last Revised: 27 October 2016 Employment Related Legislations Employment Act (Cap 91) Enacted in 1968 to provide for the basic terms and working conditions for all types of employees, except those employed in managerial or executive positions, seamen and domestic workers. Employment (Part-Time Employees) Regulations 1996

Salary Increase Matrix: Impact of Uncertain Performance Appraisal Results

Introduction This is Part 3 of my articles on the Salary Increase Matrix As we cannot accurately predict the final results of a performance appraisal exercise, we cannot predetermine the salary increase percentage going into each cell of the salary increase matrix so that we can cap our salary increase costs within our budget. If

Salary Increase Matrix: Giving Salary Increases Within the Budget

Introduction This is Part 2 of my articles on the Salary Increase Matrix.Unless you have a good reason to exceed the approved budget for the total annual increases, you are likely to face an uphill struggle to get approval for a supplementary budget for the difference; and at the same time risking the loss of

Salary Increase Matrix: An Introduction

Introduction This is Part 1 of my articles on the Salary Increase Matrix In Lee Kok Wai’s lecture notes for compensation management (please search on internet), he listed 4 main methods of giving annual salary increments. One of them is the salary increase matrix: Fixed increment system where a fixed dollar increase or fixed percentage

Sample Staff Handbook Singapore Staff Related Insurance Benefits

1.Insurance Benefits 1.1       A staff member will be entitled to the following insurance coverage from his or her first day of work. Please refer to the Human Resource Department for insurance coverage details. Group Hospitalization and Surgical Insurance Group Personal Accident Insurance Group Term Life 2.Group Hospitalization and Surgical Insurance 2.1       All staff member is