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1 step compensation
"A compensation level structure that defines discrete amounts of pay per level. Pay is described as a specific amount, and frequency is usually expressed as hourly. For example, one step may have ten increasing, specific rates of hourly pay. Pay increases move an employee from one rate to another within a step for a specific reason, such as the length of tenure or improved skills." -
2 broad band
"A structure of compensation levels that includes broad ranges of pay per level and is generally defined by grouping jobs with similar aggregate levels of responsibility. Pay for individual jobs is often linked to the external market. Bands are also typically differentiated by the variable compensation awards available at each band. Broad banding eliminates the hierarchy and narrow ranges of graded structures and allows ranges to overlap (for example, the 90th percentile of Band B equals the 10th percentile of Band C). Broad bands do not contain midpoints and generally do not have fixed minimums or maximums (for example, allowing pay that is either below a minimum or above a maximum rate within a band because the external market determines a specific job rate). Companies can store additional reference points for a band, such as a 50th percentile (or Control Point), 25th and 75th percentile, and base variable compensation on one of those points." -
3 compa-ratio
"The ratio of fixed pay rate to the grade midpoint (or control point) in graded compensation plans. The ratio is used as a measure of how well an employee is paid relative to the grade structure. The ratio is calculated by dividing the fixed pay rate by the midpoint; for example, an employee with a compa-ratio of less than 1.0 is paid less than the range midpoint. Compensation plans are typically designed so that the average fixed pay rate of all employees at a given grade equals the midpoint of the range." -
4 target incentive percent
"A target award that is defined as a percent of a basis and provided in cash or stock according to compensation level. The basis is usually the annualized fixed pay rate, but can also be a midpoint, control point, or other compensation range reference point."
См. также в других словарях:
Compensation and benefits — (abbreviated “C B”) is a sub discipline of human resources, focused on employee compensation and benefits policy making. It is also known in the UK as “total reward” and as “remuneration” in Australia and New Zealand. Contents 1 The basic… … Wikipedia
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compensation — Indemnification; payment of damages; making amends; making whole; giving an equivalent or substitute of equal value. That which is necessary to restore an injured party to his former position. Remuneration for services rendered, whether in salary … Black's law dictionary
compensation — Indemnification; payment of damages; making amends; making whole; giving an equivalent or substitute of equal value. That which is necessary to restore an injured party to his former position. Remuneration for services rendered, whether in salary … Black's law dictionary
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compensation — I (New American Roget s College Thesaurus) Equalizing payment Nouns 1. (act of compensating) compensation, satisfaction, indemnification, indemnity; compromise; counteraction, [equal and opposite] reaction; measure for measure; retaliation,… … English dictionary for students
compensation — 1) management activities that replace all or part of fish stocks or their habitat lost through development or other activities 2) mechanism by which the effect of one factor on a population tends to be counteracted or compensated for by a… … Dictionary of ichthyology
compensation interest — interest rate for injuries (paid after calculating the extent of the damages) … English contemporary dictionary
penalty rate — /ˈpɛnəlti reɪt/ (say penuhltee rayt) noun a rate of pay determined by an award, higher than the usual rate, in compensation for working outside the normal spread of hours …
