Definition: Lag Pay Structure Policy

Term: Lag Pay Structure Policy

Definition:Salary structures are set to be at the market rates by the beginning of the compensation planning year so at the end of the year the pay rates will be lagging the market.

To find keyword content within a course, select the course link below.

Course	Page Number
21 - Compensation for Business Leaders	4
73 - Analyzing Salary Surveys	1
82 - Creating a Market Competitive Salary Structure	3

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Lag Pay Structure Policy