Salary Policy

The Salary Policy outlines the framework for the company's compensation program, detailing elements such as job descriptions, evaluation systems, and salary structures aimed at attracting and retaining qualified employees. It defines key terms related to employment status changes, including promotions, demotions, and merit increases, and emphasizes the importance of fair and consistent compensation practices administered by the Human Resources department. The policy also establishes procedures for job evaluations and salary reviews, ensuring that employee performance is regularly assessed and compensated in alignment with industry standards and internal equity.