A pay grade is a unit in systems of monetary compensation for employment. It is commonly used in public service, both civil and military, but also for companies of the private sector. Pay grades facilitate the employment process by providing a fixed framework of salary ranges, as opposed to a free negotiation. Typically, pay grades encompass two dimensions: a “vertical” range where each level corresponds to the responsibility of, and requirements needed for a certain position; and a “horizontal” range within this scale to allow for monetary incentives rewarding the employee's quality of performance or length of service. Thus, an employee progresses within the horizontal and vertical ranges upon achieving positive appraisal on a regular basis. In most cases, evaluation is done annually and encompasses more than one method.
grade, grade, unit, systems, monetary, compensation, employment, commonly, used, public, service, both, civil, military, also, companies, private, sector, facilitate, employment, process, providing, fixed, framework, salary, ranges, opposed, free, negotiation,. A pay grade is a unit in systems of monetary compensation for employment It is commonly used in public service both civil and military but also for companies of the private sector Pay grades facilitate the employment process by providing a fixed framework of salary ranges as opposed to a free negotiation Typically pay grades encompass two dimensions a vertical range where each level corresponds to the responsibility of and requirements needed for a certain position and a horizontal range within this scale to allow for monetary incentives rewarding the employee s quality of performance or length of service Thus an employee progresses within the horizontal and vertical ranges upon achieving positive appraisal on a regular basis In most cases evaluation is done annually and encompasses more than one method Important employers to use pay grades include U S uniformed services pay grades U S Government pay grades United States Foreign Service United NationsSee also EditDuplicarius Doppelsoldner This labor related article is a stub You can help Wikipedia by expanding it vte This business term article is a stub You can help Wikipedia by expanding it vte This article on a military rank or appointment is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Pay grade amp oldid 1136894956, wikipedia, wiki, book, books, library,
