Asked by
Ashley Hudak
on Oct 30, 2024Verified
Pay level is the total amount an employee pays to the organization.
Pay Level
The average amount (including wages, salaries, and bonuses) the organization pays for a particular job.
- Acknowledge how pay scales, compensation grades, and essential positions affect the company's salary framework and its competitiveness in the industry.
Verified Answer
LA
Learning Objectives
- Acknowledge how pay scales, compensation grades, and essential positions affect the company's salary framework and its competitiveness in the industry.
Related questions
Internal Factors That Influence Wage Rates Include the Worth of ...
Employees Who Earn Pay for Hourly Work Are Referred to ...
Steps Within a Rate Range Allow Pay Increases Based on ...
Wages Paid Above the Range Maximum Are Called Red Circle ...
Broadbands Are Salary Grades Collapsed into Fewer and Wider Salary ...