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What is a Salary Planning Format

Salary Planning Template

A salary planning template is used by the managing authority to plan out the salaries of their employees for a specific period of time according to their budget. Generally, employers or department heads are provided with a salary budget for a year by their company, so they can decide whether an employee can get a raise in the salary for the following year. A salary planning format plays a significant role in managing your employees during the whole year. This format composed by evaluating the performance of the employees during… Read More