Pay package determines employees satisfaction

     Written by : SMTV24x7 | Sat, Nov 11, 2017, 07:12 PM

Pay package determines employees satisfaction

Some Survey outcome in Foreign may not be applicable to our country as it is but they have an impact on Psychological feelings.An outline salary database 'Pay Scale' collected 5,00,000 employees salaries, satisfaction of those employees and also employers methods in paying salaries.Those employees who felt they are paid suitably are happier than those felt they are paid less.Even Those who thought they are paid less the margin of difference between there expectation and salary paid was minimal.

The Survey was conducted on the following issues such as Employers fairness, Transparency, Jobs satisfaction like points were mentioned in this survey on the same scale between 1-5.

Those who felt their employers pay process as good and things were transparent felt more satisfaction than those who felt they were given market rates.The data analyst in 'pay scale' chris opined that employers determine behind the screen pattern in pay fixation and the employees feel something like getting rewarded.

Finally, many employers feel that gender inequalities can be minimised by transparent dealings and enhancement in salaries for women.