Human Resource

Create a market competitive compensation strategy for the multiple roles in a SAAS company

How does the world's most talented engineers decide whether to work for Slack or Canva or Adobe? Competitive compensation helps the world's biggest SaaS companies grow

Certified by

Role

Human Resource Manager (Compensation and Benefits)

Industry

E-commerce

Menterns at work

Level

Intermediate

Time Commitment

Submit First Draft in 15 days

Duration

30 days

Tools you’ll learn

Here’s What You Work On

About the Company

Avetti commerce designs online marketplaces for companies based on their needs and budget. From B2B to D2C and everything in between, they have the right solution for you! With the globalisation of marketplaces, e-commerce platforms have the potential to transform a business's profitability. Avetti Commerce helps companies realise their digital transformation goals with their comprehensive and flexible online marketplace designs.

Explore

the following work techniques

Hiring grid

Compensation structures

Statutory laws on compensation

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Bridging the gap

How can companies ensure that the best employees join their team and stay? What makes a job applicant choose between very similar job offers? Competitive salary can be a tie-breaker in such cases. Companies that offer compensation packages above the market value stand a higher chance of attracting star employees. The Human Resource team takes into account multiple factors like the budget, size of the team, and what is valued by the employees before arriving at figures for salaries.

Apply

the following skills

Compensation and benefits

Workforce Planning and Employment

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Expected output

In this menternship, you will create a competitive compensation strategy for a SaaS company looking to attract top talent.

Create

the following deliverables

Compensation structures

Compensations strategy

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What you’ll need before starting

Basics of market research and compensation

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Meet Our Certified Menterns

It was amazing! I learnt so many things like creating engagement on social media platforms. The 1:1 with mentors were super helpful. I learnt how to create Instagram ads, identify goals & do competitor analysis- so many things.

There was a lot of interactive sessions with Mentors. The Menternship I completed gave me a new perspective to how work has to be done. I truly enjoyed working with real figures & actual industry case studies.

My experience was great as I got a chance to explore subjects like Analytics which are difficult to look for. The Menternship allowed to get subject knowledge and see what goes behind the making and delivering of a product.

My experience was very useful as I learnt so much about Fleet Management & Digital Marketing connected to the real-world scenario. I learnt how to actually work with social media channels like IG & Facebook.

Create a market competitive compensation strategy for the multiple roles in a SAAS company

How does the world's most talented engineers decide whether to work for Slack or Canva or Adobe? Competitive compensation helps the world's biggest SaaS companies grow

Explore our curated Resource Hub

Get Guidance in One-on-One Mentor Hours

Ask Questions in our Biweekly AMA

Resolve all doubts on Mentor Support Chatbox

Get Actionable Mentor Feedback on your work

Learn & Network at the exclusive Mentern Perks Club