salary structure
Pay grade system
A salary structure is an organization's framework for determining employee compensation, establishing pay ranges for different positions and levels.
It typically includes pay grades, bands, or scales that group jobs of similar value: The company revised its salary structure to address pay equity concerns.
A well-designed salary structure balances internal fairness with external competitiveness in the labor market.
- base payCompensation before additions
- overtime payCompensation for excess hours
- allowancesPermitted amounts or stipends
- bonusesAdded compensation beyond wages
- signing bonusPayment upon accepting employment
raise · pay bump · pay grades · commissions · job classifications · job evaluation · deductions · take-home pay · performance appraisal · merit increase · benefits · pay equity · pay transparency · cost-of-living adjustments · wage scales · paycheck · industry standards · career progression
- public paygross pay, net pay, pay, pay grades, pay scales
- workplace policiescode of conduct, ethics, policies, workplace policy, HR policies
salary structurepiece rate
Compensation per unit produced
pay-for-performance · performance-based pay · unpaid work · volunteer work · hourly wage