Term: Lead-Lag Pay Structure Policy
Definition:Salary structures are set to be at the market rates for the middle of the compensation planning year so at the beginning of the year the pay rates will be leading the market until the middle of the year, then lagging the market the second half of the year.
To find keyword content within a course, select the course link below.
Course | Page Number |
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78 - Salary Increase Planning | 4 |
82 - Creating a Market Competitive Salary Structure | 3 |
21 - Compensation for Business Leaders | 4 |
73 - Analyzing Salary Surveys | 1 |
ERI Economic Research Institute is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CP® or SHRM-SCP®