Adding and editing Pay Grades

What are Pay Grades?

Pay grades are a system used to group jobs based on their relative value and compensation levels within an organization. They help to establish a structured and fair approach to determining salary or wage ranges for each position.

Pay grades are an important part of an organization's compensation strategy, ensuring consistency and fairness across the board. They help organizations align their compensation practices with both internal standards and market realities. However, it's important to note that pay grades are just one element. Other factors like individual performance, market conditions, and employee benefits also influence an employee’s overall compensation package.

In essence, pay grades create a transparent and structured approach to compensation management.

Adding Pay Grades

In Keka, you can configure pay grades either during initial setup or at any time afterward. Here’s how to add a new pay grade:

1. From the left pane, click on Org, and then select the Org Structure tab.

2. Under Org Structure, click on the Pay Grades tab.

3. On the Pay Grades page, click Add Pay Grade. 
   

4. Give your pay grade a clear and recognizable name and provide a short description to explain the purpose or scope of the pay grade.

5. Once you’ve entered the necessary details, click Add to save the new pay grade.

Once added, the new pay grade will appear in the Pay Grades list for easy reference and management.
 

Editing or deleting a pay grade

If you need to modify or remove a pay grade, follow these simple steps:

1. Go to the Pay Grades screen, where you’ll find a list of all the existing pay grades.

2. Edit or Delete:

   • Click the Edit icon to modify the pay grade details (e.g., name, description).

   • Click the Delete icon to remove the pay grade entirely.

Note: Deleting a pay grade will remove it permanently, so make sure it’s no longer needed before doing so.

Conclusion

That’s all you need to know about adding, editing, and deleting pay grades in Keka. Pay grades help ensure consistency and fairness in your compensation strategy, making it easier to align employee compensation with organizational goals and market trends.

Let us know if you found this article helpful, or if you need further assistance!