Term: Range Penetration
Definition:An individual's pay compared to the complete pay range. Range Penetration = (Pay - Range Minimum)/(Range Maximum -Range Minimum).
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Course | Page Number |
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81 - Salary Structures and Pay Delivery | 11 |
ERI Economic Research Institute is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CP® or SHRM-SCP®