Levels and series of steps based on years of service in pay grades are called

Related MCQs

• Classification of executive and management positions into series of grades, called
• Which pay is one of the most crucial pay given to the employee& also shown in the pay structure?
• Pay for time not worked, sick leave, supplemental benefits and severance pay are types of benefits called
• Levels within a ‘pay grade’ are called
• Type of employees pay rate in which pay is attached with productivity is called
• An employee compares his pay with other’s pay in company at same position is called
• Statement (i): In an organization we pay for jobs, we do not pay for men. Statement (ii): The compensation must be as per the Job assigned.
• For closure, every worker is to be compensated with average pay for every year of service completed
• Pay plan is based on influence-able competencies for companies to focus on
• Competency based pay plan is more