HR Word of The Day
HR Word : Red Circled Employee.
HR word of the day – Red Circled Employee Red Circled Employee refers to a situation where an employee’s is overpaid or his/her pay rate exceeds the maximum salary set […]
HR word of the day – Red Circled Employee
Red Circled Employee refers to a situation where an employee’s is overpaid or his/her pay rate exceeds the maximum salary set for that particular position. Once such employees are identified, organization freezes their salary at the current level. Therefore, this makes the employee not eligible for any increase in the base pay until the maximum range exceeds the employee’s pay rate. Red circle is a very usual approach to addressing situations like these.
It indicates that the organization is spending too much on the compensation of the employees, which exceeds the value they are adding to the organization. It is more expensive than being dangerous. It is paying an employee more than what is the worth of his job to the company.
Have a great HR day 😊
sourcingspider
Myself Manish Pipalwa, an HR Professional with with more than 9+ years of Experience in Recruitment & Sourcing.
Currently employed with Eaton Corporation as Talent Acquisition Consultant- Supporting Hiring for 2 Major Business Units Relating to Finance & Supply Chain Domin.
Prior to Eaton, was associated with Mphasis as Assistant Manager- Talent Acquisition.
My Interest are Networking , Travelling and in Social Media
sourcingspider
SourcingSpider 