Salary Policy

Salary Policy

The salary policy is designed to ensure that staff’s salaries reflect individual performance and contribution to the Company objectives’ achievement. This policy is applicable to all employees of the Company.

CONTENT

1. OVERVIEW
1.1 PROCEDURE OWNER
1.2 CLASSIFICATION
1.3 APPLICABLE REGULATIONS
1.4 RELATED [COMPANY] NORMS AND PROCEDURES
1.5 OBJECTIVES
1.6 AUDIENCE AND SCOPE
1.7 DOCUMENT SUPPORT
2. DEFINITIONS & ABBREVIATIONS
3. RESPONSIBILITIES MATRIX / TASKS DETAILS
3.1 JOB VALUE
3.2 ROLE AND COMPETENCY POSITIONING (RCP)
4. EXCEPTIONS
5. FINAL CONSIDERATIONS
5.1 DISCIPLINARY ACTIONS AGAINST PROCEDURE VIOLATION
5.2 DOCUMENT REVISION

Pages: 15

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The overall objective of the recruitment and selection process is to obtain at optimal costs the number and quality of employees required to satisfy the human resources need of the Company, according to the approved hiring plan included in the budget.

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Company expects its employees and contingent workers to maintain the highest standards of professional conduct, including adhering to applicable laws, rules and regulations, as well as applicable internal policies, alerts and procedures.

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