Phase 1: Current State Review and Assessment

• Collect comprehensive information and assess the organization’s existing human resource management system, with particular focus on the current compensation and benefits framework

Phase 2: Training and Implementation of Job Value Evaluation Methodology

• Conduct training on internationally recognized job value evaluation methodologies (International Position Evaluation), widely applied in Vietnam and globally
• Perform job value evaluations for key positions
• Establish position grades/classes (Position Class) for the remaining roles within the organization

Phase 3: Data Analysis and Market Benchmarking

• Collect and analyze current compensation and total rewards data
• Advise on the selection of appropriate benchmark market groups
• Benchmark the organization’s current salary levels against target markets using large-scale, up-to-date compensation databases

Phase 4: Compensation Structure Design

• Align and confirm the compensation philosophy and pay strategy
• Develop a new internal evaluation framework and salary structure
• Provide overarching guidelines for the effective implementation and administration of the new compensation structure

Phase 5: Salary Increase Matrix Design

• Design a salary adjustment matrix to enable effective, transparent allocation of the salary increase budget, aligned with performance outcomes