Hi modelmaker-ga,
As per your request, I have provided the process for obtaining salary
survey information.
One of the preferred services which has comprehensive data on Canadian
salaries (partially derived from Statistics Canada) is
SalaryExpert.com:
http://www.salaryexpert.com
This site provides basic information (such as salary breakdown by
percentile and bonuses) for free. You can also order a full 20 page
report specific to the job title and location for $29.00. This report
would provide the following additional information:
"Salary Ranges: Low, average, and high base salary and total
compensation levels for your job. (See pages 6-8 of the report.)
Cost of Living Data: What your job's average salary is worth in terms
of the local cost of living.
Job Description: Describes the duties and demands of your job.
Salary Negotiation Advice: Tips on how to negotiate your next pay
increase or promotion."
So you can get an understanding of the typical process one would use
when adjusting an employee's salary, I will go through an example.
Let's say you have an employee who acts as your Office Manager in your
Calgary office.
1. Go to http://www.salaryexpert.com
2. Under "Select a Job" box, enter "Office Manager"
3. Click "Search Job Title" and confirm your choice matches one of the
existing job titles.
4. Select "Select Position" in the popup window to confirm your choice.
5. Under "Select an Area", select "AB - Calgary" from the list
6. Click "Search"
7. Answer the four survey questions so that the employee's specific
experience, skills, and job requirements can be confirmed.
8. At the bottom of the page, select "Create Basic Salary Report" to
generate the basic salary survey data for the data you have provided.
For the office manager, the following information is provided. Other
positions would have similar information:
"The Office Manager working in Calgary, Alberta now earns an average
salary of 37,811. Half of those in this position would earn between
26,373 and 53,348 (the 17th and 67th percentiles). These numbers are
derived from real, area specific, survey data.
When benefits and bonuses are added to this salary, the average total
compensation for this position would be 41,193. The report below also
explains how the cost-of-living in this location affects the actual
value of this salary. "
There is then a chart with a breakdown by percentiles for what other
Office Managers in Calgary are earning according to the survey.
This gives you a range to work within; essentially you want to
consider the following things when determining the actual amount of
the raise:
1. Would you rank this employee as a "star", average, or below average
in terms of their performance?
2. How much does their experience contribute to their ability to
perform on the job?
3. Are you currently paying in line with the cost of living in your area?
4. Are your bonuses and benefits currently in line with the industry norms?
Hopefully this provides you a good footing in being able to determine
how much your employee is worth and how to compensate them fairly.
If you have any questions about the information above please post a
clarification and I will try to respond promptly.
Thanks for using Google Answers :)
Cheers,
answerguru-ga |