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1 pay grade
"A compensation level structure that defines discrete ranges of pay per level, and are generally defined by hierarchical levels of authority within a company. Jobs are typically evaluated by a point system that places them at a grade relative to others within the company. Pay rates for a grade are typically determined by using equivalent groups of jobs in the marketplace as benchmarks. Graded structures are narrower than bands, and are typically discrete (for example, pay ranges do not overlap). Grade pay ranges have a fixed minimum, midpoint (or control point), and maximum reference points. Compa-ratios and range utilization are measures used to analyze an employee’s pay relative to their range. Companies can set additional reference points for a grade, such as 25th and 75th percentile, and base variable compensation on one of those points." -
2 control point
"The reference point in a compensation range that represents the intended average pay for all employees at that compensation level. For grade structures, control points are typically, but not always, the range midpoint. Broad band structures can use control points but rarely do." -
3 merged cell
A single cell that is created by combining two or more selected cells. The cell reference for a merged cell is the upper-left cell in the original selected range. -
4 midpoint
The reference point that is midway between a range minimum and maximum in a graded compensation plan. It represents the intended average pay for all employees at a certain compensation level. -
5 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:
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