PAY LEVELS | PAY STRUCTURE |
COMPETETIVENESS
Chapter 3
,PAY POLICY LINE
,Pay Policy Line. The pay level that a company sets
its pay at compared to the market pay, typically the
midpoint of the pay structure is set to judge the
going market rate.
Pay Policy Line
, Pay Grade. The pay grade is generally defined by
the level of the responsibilities performed within
the job description of the position, the authority
exercised by the position, and the length of time the
employee has performed the job.
Pay Policy Line
COMPETETIVENESS
Chapter 3
,PAY POLICY LINE
,Pay Policy Line. The pay level that a company sets
its pay at compared to the market pay, typically the
midpoint of the pay structure is set to judge the
going market rate.
Pay Policy Line
, Pay Grade. The pay grade is generally defined by
the level of the responsibilities performed within
the job description of the position, the authority
exercised by the position, and the length of time the
employee has performed the job.
Pay Policy Line
