14th March 2006, 03:35 PM
From Troll:
From BAJR Host:
Why should anyone be paid for what they are capable of? People should be paid for the job they actually do! Anyway, the principles behind the BAJR and IFA systems are identical; they both define levels of responsibility and pay minima associated with those levels. The differences are ones of detail only (the number of levels involved).
As for experience - either system defines minima. Many employers pay more according to experience, so people can progress through a pay band as time goes by.
1man1desk
to let, fully furnished
Quote:quoteroblem is- an archaeologist with years and years of experience can still be doomed to PIFA level remuneration.How does the IFA intend to differentiate between a PIFA with a degree and 6 months experience and a PIFA with a degree (or three) and a lifetimes experience?
From BAJR Host:
Quote:quote:Which is why I think we have to get away from the PIFA, AIF, MIFA and recognise that responsibility levels (and pay) are a different matter.
ie the 7 BAJR Grades of responsibility... where you get paid for what you are capable of doing, rather than what level of IFA you are.
Why should anyone be paid for what they are capable of? People should be paid for the job they actually do! Anyway, the principles behind the BAJR and IFA systems are identical; they both define levels of responsibility and pay minima associated with those levels. The differences are ones of detail only (the number of levels involved).
As for experience - either system defines minima. Many employers pay more according to experience, so people can progress through a pay band as time goes by.
1man1desk
to let, fully furnished