7.5.1.1 Develop salary/compensation structure and plan (10498)

<p><strong>Creating the framework for the provision of salary/compensation to employees. Break down the salary structure into different components such as fixed pay, variable pay, bonus, and allowances such medical allowance, and rent allowance, etc. Develop, adjust, and maintain a pay structure.</strong></p>

<p>[Cost Effectiveness] Personnel cost (for store, inventory transportation, and inventory warehousing retail employees) to net sales revenue ratio</p>

<p>[ID:106150] Total personnel cost for employees in retail stores, retail inventory transportation, and retail inventory warehousing / Total business entity revenue</p>