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Pay grade

From Wikipedia, the free encyclopedia

Apay gradeis a unit in systems of monetary compensation for employment. It is commonly used in public service, both civil andmilitary,but also for companies of the private sector. Pay grades facilitate theemploymentprocess by providing a fixed framework ofsalaryranges, 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 theemployee's quality of performance or length of service. Thus, an employee progresses within the horizontal and vertical ranges upon achieving positiveappraisalon a regular basis. In most cases, evaluation is done annually and encompasses more than one method.

Important employers to use pay grades include:

"Beyond my pay grade"

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The expression "beyond my pay grade" means that the question is one the respondent is not qualified or authorised to answer, that it must be referred to a higher (or better paid) authority for a definitive response.

See also

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References

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