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Friday, 08 August 2008
Remuneration -
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Remuneration
The Market Rate
More or Less?
Basic Pay
Bonuses and Commission
Using Shares and Options
Benefits
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Remuneration

2. More or Less?

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Whatever your research tells you about the market rate, you will probably want to adjust your offer to reflect the job and circumstances.

2.1 Are you looking for a higher-than-average calibre of employee?

  • Do you need trained people or young, trainable beginners?

2.2 What are the particular problems you face in recruiting the right people?

  • Are there geographical factors (eg travel to central London, or a remote location)?
  • Are the skills you need wanted urgently or in especially short supply?

2.3 Must you offer relocation allowances to attract good people from outside the area?

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