Questions to H.R Department in manufacturing companies 1. Organization name and number of employees 2. hierarchy ( like engineer-senior engineer-dy manager- manager…..Director)
3. What are the factors that determine the compensation structure in your organization
4. What is the frequency of revision?
5. The methodology your company follows for variable pay • Pay for individual performance • Incentive on team performance • Seniority based pay 6. Briefly explain your performance appraisal system Details like : Is 360 degree feedback used…If yes then at what level..Is the feedback linked to compensation Behavioral aspect considered for appraisal and compen ben or not? Half yearly review? BSC,MBO, graphical rating?
7. 3 main reasons for attrition in your organization Junior management Middle Management Senior Management Also mention the attrition rate
8. Do you benchmark your compensation and benefits against competitors? Do you think your company is competitive enough as far as compensation and benefits are concerned
9. 3 most important benefits that should be provided at Junior management Middle Management Senior Management 10. current benefits you offer to your employees (Y/N) JUNIOR Superannuation ESOPs Telephone Free/subsidized canteen Free/subsidized accommodation Flexible benefits option Overtime pay Car allowance Furniture allowance Entertainment allowance Sponsored vacations to employee and
MIDDLE
SENIOR
family Medical Benefits Insurance Telephone allowance
11. Other innovative long term benefits to retain talent
12. Short term benefits?
13. Is there any efforts on your side to reduce the income tax burden on employees? Is the fringe benefit tax paid by the employee or the employer
14. Does your company follow fixed basket approach of cafeteria approach(employees can chose his own benefits)?