QUESTIONNAIRE FOR SALARY AND COMPENSATION

TERM REPORT
PART-1: ORGANIZATION

1.

Tell us about the history of the organization?

2.

What is the core business of the organization?

3.

What is the current market status of the organization, leadership or follower?

4.

What is the current market share?

5.

VMV (Vision Mission and Values) framework?

6.

What are the internal and external challenges being faced by the organization?

7.

How many departments do you have?

8.

How many employees are working in the organization? How many of them are working on
full time and part time?

9.

Which competitive strategy your organization has employed. Low cost strategy or
Differentiation strategy?

PART-2: HR DEPARTMENT
10.

How important do you think HR is for the organization?

11.

What is the structure of HR department?

12.

What is the role of HR? A business partner or support function.

13.

What is the HR philosophy?

PART-3: SALARY AND COMPENSATION

14.

S&C head reports to the CEO/HR head /HRD/Business or is operating as a separate entity?

15.

What are your policies regarding salary and compensation? E.g. pay policy, incentive,
bonus, salary increase etc.

16.

Tell us about effectiveness of Compensation function in your organization?

17.

What are the challenges being faced in the compensation and benefits practice?

18.

How often are your employees paid? Weekly, monthly or annually?

19.

Which type of non-monetary compensation is given to your employees? How do you give it
and to whom?

PART-4: S&C POLICIES

20.

Does your company follow broad banding or otherwise?

21.

Are your policies good enough to retain your high potential/key employees?

22.

What is your salary structure?

23.

How often do you review your pay structure?

24.

What is your employee recognition policy?

25.

What is your incentive payout policy? Duration, percentage etc.

PART-5: S&C PRACTICES

26.

What is the ratio of cash payout between fixed and variable? Please provide functional
details.

27.

What is monetary and non-monetary payout ratio in your organization?

28.

Do you believe in Seniority Pay or Longevity Pay? If yes, to whom it is given?

29.

Which compensable factors are considered to compensate the employees?

30.

Which kind of rewards and incentives do you give to your employees?

31.

How often do you reward your employees?

32.

How is an employee selected for reward?

33.

Which compensable factors are considered to reward the employees?

Incentive
34.

Which Incentive Plan is followed? Piecework plans, Management incentive plans,

behavioral encouragement plans or referral plans?

35.

Do you give Group Incentives?

36.

Which type of group incentive is given to the employees?

Bonus
37.

How often do you give bonus to the employees?

38.

How do you give bonus? On gross pay or basic pay?

39.

How many bonuses?

40.

Do you give ex-gratia?

Salary Increase
41.

How do you calculate the salary increase percentage?

42.

What types of salary increases are granted to employees?

Stock option
43.

Does your company have stock option plan?

44.

Who are eligible for stock option plan?

Benefits
45.

If possible, please share with us your grade-wise benefits matrix.

46.

What types of benefits are offered to the employees in your organization?

47.

Is over time practiced in your organization? If yes, how is it compensated?

48.

Do you give medical insurance to your employees?

49.

When do your employees become eligible for medical insurance?

50.

Do you give life insurance to your employees?

51.

When do your employees become eligible for life insurance?

52.

Do you have any retirement or pension plans for your employees? What are they?

53.

How many paid sick leaves do you offer to your employees?

54.

Under what conditions may the employees use paid leaves?

55.

What are your policies regarding unused leaves of employees? Are they compensated for
them?

56.

Do you offer compensation for training or professional development of your employees?

57.

How often are your employees paid? Weekly, monthly or annually?

58.

What type of salary increases/ raises are granted to employees?

59.

Do you give any fringe benefits to your employees? If yes, what are they?

60.

Is over time practiced in your organization? If yes, how is it compensated?

61.

Do you give medical insurance to your employees? If yes, when do your employees become
eligible for it?

62.

Do you give life insurance to your employees? If yes, when do your employees become
eligible for it?

63.

Do you have any retirement or pension plans for your employees? If yes, what are they?

64.

How many paid sick leaves do you offer to your employees? Under what conditions may
the employees use these leaves?

65.

What are your policies regarding unused leaves of employees? Are they compensated for
them?

66.

Do you offer compensation for training or professional development of your employees?

67.

How do you maintain compensation internal equity?

68.

How do you handle complaints and issues from employees related to pay system? Share an
example if you can.

Survey
69.

How do you benchmark salaries?

70.

Which survey organizations are onboard to provide you salary data?

71.

What is the frequency of salary survey?

72.

How do you select the sample?

73.

What is your usual sample size?

74.

Do you use any other method to get the market data?

Job Evaluation
75.

Which job evaluation tool you use?

76.

When was the last time you carried out JE exercise?

77.

When were JDs prepared in your organization?

78.

How do you update them?

79.

Who is the custodian on JDs?

80.

Do you have a JD review process?

81.

What is frequency of JD review process?

PART-6: PERFORMANCE EVALUATION / PERFORMANCE

MEASUREMENT
1.

What are the performance related challenges in your organization?

2.

How do you evaluate performance?

3.

What is the source of information of performance appraisal in your organization?

4.

Which performance appraisal plan do you follow? Trait system, Comparison System,
Behavioral System or Goal oriented system?

5.

What is the difference between performance evaluation of sales, production and support
staff?

6.

Do you practice forced distribution, paired comparison or both?

7.

Do you use 360- degree feedback for performance appraisal?