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White-collar pay determination under range-of-rate systems.
From:
Monthly Labor Review
| Date:
December 1, 1984| Author:
| COPYRIGHT 1984 U.S. Bureau of Labor Statistics. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Administrators of company pay policy face three fundamental issues: (1) setting their companies' overal pay levels in relation to those of other companies; (2) evaluating individual company jobs and determining pay relationships among them; and (3) determining pay relationships among individual workers within the same job. The last of these functions--and the subject of this article--is often accomplished by establishing minimum and maximum pay rates for a given job or grouping of comparable jobs, and providing for adjustments of individual workers' pay within this range of rates ...
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