Wage Structure
Usually established within an organization, but can be set at the national level, these are the levels or hierarchy of job and pay ranges. The wage structure is also referred to as salary structure, job grades, job-evaluation points and policy lines.
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Common Compensation Terms and Formulas
- Includes the latest updates: Compensable factors, defined benefit plan, job leveling, lead differential, shift differential and more.
- Salary structure formulas and strategies