Saturday, February 21, 2009

The Hay Group

All About Hay Group

Speaking of salaries, as I was in the previous posting... a little known fact is that if you receive a salary, 9 times out 10, that salary was determined by the Hay Group. They have classified and grouped just about every possible paid position in the world and assigned Hay points to it. The higher the points, the higher the wage. This takes the emotions out of assigning wages to an employee. "I would love to offer you more, but this is the best we can do." And since almost everyone uses the Hay points, the employee will rarely find a better offer. Sweet!

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